NSW: Q&A Do We Need a ByLaw For That?

 

Question: Does the strata Committee have the legal right to sell framed art pieces in common areas without all lot owner’s permission?

Answer: Yes, a general meeting of the Owners Corporation would be required and there are likely local council consent and insurance implications.

We consider that, at minimum, the Owners Corporation would need to pass a special resolution or by-law empowering itself to “add” items to the common property and carry on the commercial enterprise you refer to. So yes, a general meeting of the Owners Corporation would be required and there are likely local council consent and insurance implications.

For the full question and our detailed response, visit the original publication at Look Up Strata.

Do you have a question relating to your property or development? Contact us!

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