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Topic
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Just wondering what the legal requirements are for someone planning on renovating a company title apartment? Do they need approval from the Board of Directors to be able to renovate the space that they occupy?
In addition, what are the procedures that a building must satisfy to change from a Company Title to a Strata?
Thanks in advance.
Ben
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The first question will lie in the company “articles” or papers that establish the rules and regs of your building.
The second part is much more difficult but far from impossble.
You will require as a high level of agreement in the building to go strata. Then you will need to establish your unit entitlements by using a chartered surveyor. And then there are about a dozen other things I haven't even though of. But it can be done. Talk to a lawyer.
The opinions offered in these Forum posts and replies are not intended to be taken as legal advice. Readers with serious issues should consult experienced strata lawyers.
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