WHY ARE THERE DIFFERENT TYPES OF RESOLUTION?

WHY ARE THERE DIFFERENT TYPES OF RESOLUTION?

The body corporate has to vote on a wide range of choices that can affect the running of the scheme. These range from simple decisions such as voting for trustees, approving budgets and other routine matters, to changing rules and making decisions that affect the common property. There are three types of resolution. Simple decisions require agreement from a majority of owners. Special decisions require a higher percentage and important decisions require unanimous consent. In a later section of this booklet, resolutions will be discussed in detail.

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