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Property LawStrata TitleHARD

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?

Correct Answer

C) 75% of votes cast by lot owners present or represented

A special resolution in strata schemes typically requires 75% of the votes cast by lot owners who are present in person or by proxy at a properly constituted meeting. This higher threshold ensures significant support for important decisions like by-law changes while remaining practically achievable.

Answer Options
A
Simple majority of votes cast at the meeting
B
75% of all lot owners in the scheme
C
75% of votes cast by lot owners present or represented
D
Unanimous agreement of all lot owners

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Related Topics & Key Terms

Key Terms:

special resolution75% thresholdby-lawsowners corporationstrata scheme
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