Disputes
Most disputes are resolved by means of negotiation between the company and the owner of the shares or the occupier of the unit.
In August 2013, the New South Wales State Government gave power to the local courts to resolve Company Title disputes.
If there is a dispute between the owner/occupier/board there is now a simple way of solving the issues by lodging an application to the nearest local court. JFM Conveyancing can help all owners and companies with disputes.
Rules and Regulations
The rules and regulations may cover such things as making noise, parking motor vehicles (sometimes a problem in older buildings), disposal of refuse, gardening and landscaping, keeping pets, and the use of services and facilities.
Refurbishment
All company title home unit buildings have rules and regulations relating to refurbishment of the unit. These rules and regulations will be set by the company and prior to carrying out any refurbishments (other than of a minor nature such as painting and minor decorating matters) a plan/outline should be submitted to the companying detailing exactly what is required.
You should check with the company secretary to ascertain what the company’s requirements are concerning the refurbishment of units.
On occasions when a major structural change is planned, you may need to obtain development consent from the local council. The company will need to give consent to lodging that development application and may need to affix the company seal to the DA. This may vary from council to council.