Question: Leading up to our AGM, our Strata Manager was holding too many proxies, so divvied them up to lot owners. Can this be done? Can you also explain the quorum requirements for annual general meeting? Answer: For the quorum in your scheme – at least ¼ of persons present or ¼ of unit entitlements….
A LookUpStrata reader wanted to understand whether it is allowed for a Building Manager to use their proxies to vote on the negotiation of their agreements. The Caretaker / Building Managers wanted their Management agreement returned to 10 years instead of the 7 years left on original agreement. They also wanted their remuneration doubled for both of…
Leanne provided a response to a LookUpStrata reader’s question regarding proxy voting forms. Click this link to read the full question, and our response.
This is one from the archives. A LookUpStrata reader wanted to know whether storage spaces in their strata titled building could have legal votes at a meeting equal to the vote of an apartment owner? In summary, the answer Leanne Habib provided was that the storage lots will have an equal vote to the apartment owners…
LookUp Strata has published an article on proxy voting following a question received by a reader. This article is based on a response prepared by Premium Strata’s very own Leanne Habib. Hit this link for the full article!
You may be aware that the NSW Government is proposing sweeping changes to the existing Strata Laws. The State Government has now released a so-called position-paper in which they outline their proposed changes. This law reform is aimed at protecting residents and at the same time simplify certain processes. This becomes increasingly important in NSW…