Qld duplexes cut from body corporate process

Qld duplexes cut from body corporate process

11 January 2012 by Staff Reporter 0 comments

Staff Reporter

Duplex owners in Queensland will no longer be required to go through a formal body corporate meeting and voting process for decisions regarding the management of their property, the state’s Fair Trading authority has announced.

The new rules, which will come into effect on February 28, will allow the owners of the two lots to make decisions by written agreement rather than having to use the standard body corporate practices better suited to larger schemes.

“In the past there was no differentiation between duplex schemes and larger multi-unit complexes,” said Fair Trading [Queensland] executive director Brian Bauer.

“Owners of duplex properties needed to prepare annual budgets, maintain administration and sinking funds, and make decisions using the same formal body corporate meeting and voting process as is required of their larger cousins.”

“This seems crazy when you’re talking about two neighbours managing and making a decision about their adjoining properties.

Mr Bauer said the introduction of the regulation means duplex owners will be provided with a simpler way to manage their properties.

“For the first time they’ll have the freedom to manage their properties in the way that best suits them,” he said.

Mr Bauer said duplex owners would still have access to the Office of the Commissioner of Body Corporate and Community Management’s dispute resolution service.

Staff Reporter

Duplex owners in Queensland will no longer be required to go through a formal body corporate meeting and voting process for decisions regarding the management of their property, the state’s Fair Trading authority has announced.

The new rules, which will come into effect on February 28, will allow the owners of the two lots to make decisions by written agreement rather than having to use the standard body corporate practices better suited to larger schemes.

“In the past there was no differentiation between duplex schemes and larger multi-unit complexes,” said Fair Trading [Queensland] executive director Brian Bauer.

“Owners of duplex properties needed to prepare annual budgets, maintain administration and sinking funds, and make decisions using the same formal body corporate meeting and voting process as is required of their larger cousins.”

“This seems crazy when you’re talking about two neighbours managing and making a decision about their adjoining properties.

Mr Bauer said the introduction of the regulation means duplex owners will be provided with a simpler way to manage their properties.

“For the first time they’ll have the freedom to manage their properties in the way that best suits them,” he said.

Mr Bauer said duplex owners would still have access to the Office of the Commissioner of Body Corporate and Community Management’s dispute resolution service.

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