#13113
Jimmy-T
Keymaster

    I think, in fact, all it requires is a special resolution (75 percent) but you have to make sure that no one is being unfairly disadvantaged ( I think the term is “defrauding the minority”).  In other words, if there is a benefit to some owners in buying common property, a fair amount has to flow back to all owners, even if the majority agrees otherwise.  That’s why the Supreme Court established the formula described above.

    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.