This article discusses who has the authority to approve a caretaking agreement term extension in Queensland, and whether a committee or all owners must vote on a proposed top-up.
question
We’d like to request a 5 year top-up of our caretaking agreement. Is this a committee’s or all owner’s decision?
We are lot owners and caretakers in our QLD body corporate. We want to request a 5 year top-up of our caretaking agreement. How do we proceed?
Is a special resolution required? Do we submit a motion to be included on the body corporate committee’s agenda? If the committee vote is past, is our top-up approved? Or does this decision need to go to an AGM to be voted on by all owners?
answer
A committee cannot vary a management rights agreement.
It absolutely needs to go to a general meeting, and it is an ordinary resolution by a secret ballot. A committee cannot vary a management rights agreement.
Lookupstrata Directory
Looking for QLD Strata Specialist in your area? Search within our LookUpStrata Directory for the best list of contacts available
Search the directoryDiscover Information By
Living in Strata
Comments
Log in to leave a comment