What are by-laws in a strata plan? By-laws are a set of registered rules that governs a strata plan. By-laws contain rules on the expected behaviour of owners and their occupants, noise, vehicles, obstruction of common property, damage to lawns and plants on common...
There are strict notice requirements for sending out an agenda and notice for an Owners Corporation special general meeting. The law and the owners corporation special general meeting? Schedule 1, Part 2 of the Strata Schemes Management Act 2015 (NSW) sets down the...
A Company Title home building is governed by its Memorandum and Articles of Association (now known as a Constitution). The better run company title home buildings also have a set of company title regulations in place commonly known as ‘House Rules’. What are House...
There is no reason why Company Title buildings should not be converted to Strata Title. Indeed, converting Company Title to Strata Title may be in the financial interests of all existing shareholders. This is particularly relevant in the current financial market,...
Many Company Title Buildings have a complete prohibition on pets which can either be found in the House Rules or Articles of Association of the Company. There has been a recent change in community standards in respect of pets. Accordingly, there has been a genuine...
Are you thinking of selling your unit contained in a Company Title Building? There are a slightly different set of disclosure requirements imposed on vendors when selling a Company Title unit. The first thing to remember is that, you are selling the ‘eligible shares’...