WA Can a body corp lease out shared spaces exclusively?

Discussion in 'Property Management' started by thydzik, 14th Jul, 2021.

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  1. thydzik

    thydzik Well-Known Member

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    I was wondering,
    can a body corp vote to allow short term leasing of common property,
    i.e. if there is a nice roof top common space, can that be leased out (to owners or 3rd party) for a few hours exclusively (no other owners/tenants can use it during that time), to bring in additional income?
     
    thydzik, 14th Jul, 2021
    #1
  2. Marg4000

    Marg4000 Well-Known Member

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    It would probably need unanimous approval from all unit owners.
     
    Marg4000, 14th Jul, 2021
    #2
  3. Stoffo

    Stoffo Well-Known Member

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    With an amendment to the bylaws ?
     
    Stoffo, 14th Jul, 2021
    #3
  4. Ted Varrick

    Ted Varrick Well-Known Member

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    What does your strata insurance company say about it? Obviously they will be stoked, so on their OK, bring in the circus.
     
    Ted Varrick, 18th Jul, 2021
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  5. datto

    datto Well-Known Member

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    Who needs approval? These days anything goes in some places. Like mine for instance.

    One owner erected a marquee in the parking area and held his daughter’s wedding there. No, I wasn’t the groom.
     
    datto, 18th Jul, 2021
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  6. Stoffo

    Stoffo Well-Known Member

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    But had a great view from your hammock :D
     
    Stoffo, 19th Jul, 2021
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