› Flat Chat Strata Forum › Talkin’ ’bout a renovation › Loft-grab for air-con › Current Page
Thank you Mr. Strata. It's one thing giving approval to have the installation post-approved – but that approval does not mean that the “grab” leave the remaining unit owners without compensation.
Have you (or anyone else out there) had experience in such matters as seeking compensation from a unit holder that made a “grab” of common property? I take it that a valuer needs to be engaged to work out what “it” is worth? If the other owners end up being compensated, where does that money go i.e. is it divided up between the owners, or is it placed into the sinking levies etc.?
If the unit owner pays for the privilege of taking that space, does that part of the property form part of their title or is it still common property? What about maintenance costs – do they assume maintenance costs which would necessitate a by-law?
Any clues by anyone out there would be appreciated.