Did the proposed “forced sale” strata laws come into effect? WA

Discussion in 'Legal Issues' started by LisaSimpson, 15th Jan, 2020.

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  1. LisaSimpson

    LisaSimpson Member

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    I remember circa 2018 there was talk of changing the strata laws from needing ALL strata owners in a complex to agree to sell (to a developer) before doing so, to only requiring 75% of strata owners to agree (as is the case in NSW). Did this law end up being passed? I can’t find anything definite on it.
    Thanks in advance :) (talking about WA)
     
  2. thatbum

    thatbum Well-Known Member

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    Not yet.

    Key dates | Landgate

    EDIT: Oh they concern the regs, so maybe it has been gazetted. I'll have to check later.
     
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  3. UrbanPlanner

    UrbanPlanner Well-Known Member

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  4. LisaSimpson

    LisaSimpson Member

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    Thank you for your replies @UrbanPlanner @thatbum
    I had a look through the regs.. couldn’t find it but it is a very long document to trawl through.. so is the figure 75% of owners?
     
  5. UrbanPlanner

    UrbanPlanner Well-Known Member

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    Yeah my reading is you only need 75% vote. But the person/entity is then responsible to pay $1500 to all owners in the strata scheme for specialised legal/financial advice, or $3k for those considered 'vulnerable' members of the scheme. If it ends up in SAT, then those owners objecting are also to be paid $5k ($9k for vulnerable).
     
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