› Flat Chat Strata Forum › Levies and Unit Entitlements › Rogue developer out of control › Current Page
At last the 5th Apartment in our 14 Lot Strata Scheme has been sold ( with, we have been told, a requirement in the contract that the developer holds the proxy). This means that our first AGM will be held within the next two months. In the meantime, the developer/ original owner has leased one other apartment to a long term tenant , and has been installing washing machines and dryers in the other 6 so he can rent them to holiday let’s.
We bought into this Strata Scheme because we were told by the developer that it was for older residents or those residents who have disabilities.
Is there a difference in the development requirements for long term residential Strata units and short term.?