The owners of the apartments in Mascot Towers recently voted at an Extraordinary General Meeting to raise $7 million in special levies so that repairs could begin on the complex... read more →
Like most other corporations, an owner’s corporation can only make decisions by passing resolutions at either a general meeting or at a strata committee meeting. The different types of meetings... read more →
Owners Corporations and Strata committee • Section 13 sets out functions of an owners corporation, strata committee or officer of an owners corporation that may be delegated to a member... read more →
There are three types of resolutions that can be passed at a general meeting of an Owners Corporation. They are: An ordinary resolution A special resolution A unanimous resolution Each... read more →
When buying a strata-titled property, you’ll be required to pay quarterly strata levies – which provide the principle source of funding for the scheme. There’s usually an administrative fund levy,... read more →
At a strata general meeting, specific individuals have the right to cast a vote. They include the lot owner whose levy payments are not in arrears and the mortgagee or... read more →