Forums Common Property Current Page

Tagged: 

  • Creator
    Topic
  • #70473 Reply | Quote
    sealion
    Flatchatter

      Would it be possible for someone to tell me when a unanimous vote was no longer required to remove a unit from a strata scheme?

    Viewing 2 replies - 1 through 2 (of 2 total)
    • Author
      Replies
    • #70475 Reply
      Jimmy-T
      Keymaster

        If you are talking about NSW, the 2015 Strata Schemes Management, Regulations and Development acts – which in combination created the mechanisms by which a super-majority in a scheme could vote to dissolve or radically alter the strata plan – became law in 2016.

        These are all accessible online through government portals.

        Despite the processes being in place, the opportunities for dissent and effective veto are so extensive that very few strata schemes have gone down this road, instead allowing market forces and generous financial compensation to get the backsliders over the line.  However, the threat of employing the collective sales laws is hovering in the background if a small minority tries to hold out for selfish gain.

        If you want to be alerted when anyone replies to your posts or responds to this topic, please register and login, then you will be able to subscribe to the topic. 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. NB: Longer threads may spill over to additional pages - look for the numbers on the bottom right, under the last post.
        #70479 Reply
        Jimmy-T
        Keymaster

          I have just noticed that you asked about removing a unit from a strata scheme. If you are talking about one unit in a block, I don’t think that is possible.

          If you want to be alerted when anyone replies to your posts or responds to this topic, please register and login, then you will be able to subscribe to the topic. 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. NB: Longer threads may spill over to additional pages - look for the numbers on the bottom right, under the last post.
        Viewing 2 replies - 1 through 2 (of 2 total)
        Reply To: When did strata law change to allow the forced sale of unit blocks?
        PLEASE ... If your property is not in NSW, mention its location (state). Don't identify companies or individuals by name. Don't mention or promote your company or services. Keep acronyms and initials to a minimum. Please, don’t use “quote” unless there is a specific point to which you wish to refer, then highlight (define) that specific passage before you click on "quote". Otherwise just use reply. THANKS.

        You can use BBCodes to format your content.
        Your account can't use all available BBCodes, they will be stripped before saving.

        Your information:




        Forums Common Property Current Page