Do we need licence agreements or a new strata plan for exclusive use areas?
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At our AGM, our strata management company advised residents that it would be a good idea to formalise a licence agreement for our complex's exclusive use areas and common areas. The managers have also advised us to survey a new strata plan. Is this mandatory?
Soon, we will consolidate our by-laws, detailing exclusive use and common areas. Do we need to carry out these additional steps?