Why is the audit a problem in sectional title schemes?
By Anton Kelly Sectional title legislation requires schemes to have their annual financial statements audited and presented to the members for their consideration at a general meeting, and it must … Continue reading
February 28, 2018 · 5 Comments
Do I have to buy extra common property to extend my section?
By Anton Kelly Owners in sectional title schemes are entitled, with the consent of the body corporate by special resolution, to extend the floor areas or boundaries of their sections. … Continue reading
February 21, 2018 · 2 Comments
Exclusive use in sectional title schemes – benefit or burden?
By Anton Kelly The concept of exclusive use is unique to sectional title schemes. It means that although all owners own all the common property in undivided shares, they can … Continue reading
February 14, 2018 · 3 Comments