Question: Do I have to wait for an AGM to request approval for work? The cost of the work will be under $3000 because family members will be assisting at no cost.
I’d like to request approval from the body corporate to change a balcony wall in my apartment. Do I have to wait for the AGM or can this request be submitted at any time?
If the cost of the work is less than $3000, can approval be given via a flying minute? I’ve arrived at an amount of $3000 for the work as family members will be carrying out part of the work at no cost.
Answer: Assuming that this is a common property wall, and is more than $3000, a general meeting would be required.
This depends on whether the wall is part of the lot, common property and what the by-laws provide for this proposed improvement.
Assuming that this is a common property wall, and is more than $3000, a general meeting would be required.
The benchmark for the $3000 is based on value, not cost. So if the work is being done for free, but would otherwise cost more than $3000 it would still require a general meeting.
This post appears in the April 2021 edition of The QLD Strata Magazine.
Todd Garsden Mahoneys E: tgarsden@mahoneys.com.au P: 07 3007 3753