This article discusses adopting the common property memorandum in NSW strata schemes, explaining in simple terms that it can still be adopted later through a by-law at a general meeting.
Question: Our strata management company did not suggest we adopt the common property memorandum when we were doing the by-law reviews. Is it too late for us to adopt the memorandum now?
Common property memorandum
Answer: No, it is not too late. You can adopt the common property memorandum by way of a by-law at any general meeting of the owners corporation.
This post appears in Strata News #659.
Leanne Habib Premium Strata E: info@premiumstrata.com.au P: 02 9281 6440