COMMON PROPERTY – IMPROVEMENTS REASONABLY NECESSARY OR USEFUL – PART 5

In Part 4 of this series we discussed improvements not necessary but “nice to have”.

In this newsletter, we are going to discuss improvements that are reasonably necessary or considered to be useful.

In this instance the legislator has set out a procedure that the trustees may follow which does not require a general meeting, unless a member specifically requests a meeting within 30 days of written notice.

If the trustees want to make alteration and improvements to the common property that they consider to be reasonably necessary, the management rules stipulate that they may not proceed with the proposed improvements or alterations until a letter has been sent out to all members giving them at least 30 days’ notice of the proposal.

Details to be included within the letter outlining the proposed alterations or improvements, are the costs, where the funds will be coming from (e.g. loan, special levy etc.) sufficient motivation for the proposed work and what effect the proposed alterations will have on the scheme and its members.

If no one asks to call a general meeting within 30 days of the letter of notification being sent out, the resolution is deemed to be passed.

Lets look at an example:

In today’s day and age internet is readily available everywhere, and with that being said some complexes have allowed internet service providers to install fibre lines in the complexes for memebers to easily connect to the internet.

Although this might sound like a nice to have, the past few weeks having to work from home due to the COVID-19 virus has surely shown us just how much we really need the internet, or it has made us realise that we need a better internet connection, fibre is a more trusted internet connection and also much more affordable than other alternatives, for that matter fibre installation can be seen as a useful improvement.

Article courtesy of Marina Constas and Karen Bleijs Demystifying Sectional Title

In the next series of newsletters, we will discuss running a business from home, look out for part 1 next week.