#23001
Jimmy-T
Keymaster

    Yes they will need a special resolution by-law (75 percent vote in favour).

    Plus, on the basis of a ruling in the High Court, they will need to pay the owners corp the value of the roof renovationcalculated thus x-(y+z) where
    x = an accepted estimate of the value of the renovated unit
    y = an accepted estimate of the value of the unrenovated unit
    z = the cost of the renovation (including legals and by-laws)

    It’s a good way of giving them what they want and allowing the sinking fund to get a boost too.

    Naturally, the by-law will transfer all responsibility for maintenance of the roof space to the renovators.

    The opinions offered in these Forum posts and replies are not intended to be taken as legal advice. Readers with serious issues should consult experienced strata lawyers.