We are a two lot Strata. The other lot owner is overseas for 12 months. How do I write an explanation instead of holding an AGM until they return next year?
The other lot owner should appoint a proxy to ensure the owners corporation meets its legislative obligations.
We do not recommend delaying the AGM due to the requirement set out below in the Strata Schemes Management Act, 2015 (NSW)(emphasis added):
18 AGM must be held
An owners corporation must hold an annual general meeting once in each financial year of the corporation.
The other lot owner should be appointing a proxy to ensure the owners corporation meets its legislative obligations.
Log in to your existing Lookupstrata Account to download the printable file.
Leanne is leading the conversation in strata and community management across Australia. With a distinguished career spanning over 25 years and holding credentials as a licensed Strata and Community Manager and Real Estate Managing Agent, Leanne has masterfully redefined the essence of premium strata service. Her approach, honed through years in senior roles within top-tier agencies, is unwaveringly client-focused, ensuring that expectations are not only met but consistently exceeded.
As a pivotal member of the Strata Community Association (SCA) and the CEO of the award-winning Premium Strata, Leanne, together with her team of seasoned strata managers, embodies a commitment to unparalleled service excellence. Beyond steering Premium Strata and Premium Building Management, her influence extends across the property industry as a leading voice. Leanne's insights on legislative updates and industry shifts are invaluable, offering guidance to lot owners on intricate strata matters and fostering effective and informed strata management practices.
Leanne is a regular contributor to Lookupstrata.
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