We’re talking about a resolution and there are three different types that you will encounter as part of an Owners Corporation committee.
The resolutions are designed to ensure the maximum number of owners are aware of issues regarding their community and have their say.
The most important of issues will require a unanimous resolution – that is a 100% agreement by all lot owners (or their proxies).
Lot owners must vote on the exact text as set out on the notice of the meeting. Decisions requiring unanimous resolutions include selling common property, buying land, altering boundaries or decisions affecting lot entitlements and lot liability.
Like unanimous resolutions, special resolutions must have the text set out on the notice of the meeting. A special resolution requires 75% of lots (or in the case of a ballot or poll, 75% of lot entitlements).
Items which require a special resolution to pass include changes to rules.
Under certain conditions an interim special resolution will be enough to allow the resolution to be carried. Those conditions are:
The final type of resolution is an ordinary resolution. This is a simple ‘majority wins’ vote that requires agreement by owners of proxies representing at least 50% of lots or lot entitlements. If a general meeting doesn’t attract a quorum, the resolution is considered an interim ordinary resolution.
Similar to the interim special resolutions, an interim ordinary resolution requires:
SSKB Community Managers are delighted to assist helping you understand the specific rules and legislative obligations for your community.