In a strata scheme, the owners corporation wants to install solar panels on the roof. What approval is typically required?
Correct Answer
B) Special resolution (75% majority) at a general meeting
Installing solar panels on common property typically requires a special resolution (75% majority) as it constitutes a significant alteration to common property. This ensures substantial owner support for major changes that affect the building's structure or appearance.
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Previous Question
In a strata scheme, Sarah owns lot 15 which has an entitlement of 80 out of 2000 total unit entitlements. If the owners corporation levies a special assessment of $50,000 for roof repairs, how much will Sarah be required to contribute?
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In a strata scheme, the owners corporation wishes to make a special resolution to change the by-laws. What is typically required for this resolution to pass?