WebRepresentative Town meeting: The Town Meeting is the legislative body for the Town of Wellesley. Wellesley has a Representative Town Meeting with 240 elected Town Meeting … WebFeb 27, 2024 · A body corporate is required to hold its annual general meeting (AGM) within 4 months after the end of its financial year. The meeting notice should be sent out at least 14 days prior to the meeting. All meetings other than the AGM are called special general meetings (SGM). The notice period required to hold SGMs is 30 days but this may vary ...
Know Your Body Corporate Rights Private Property
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AGM Quorum - How to calculate it at a sectional title AGM - Stratafin
WebOct 17, 2013 · A unanimous resolution is the type of agreement amongst sectional title owners that is required for very important decisions such as: the sale or long lease (over 10 years) of part of the common property the “deemed destruction” of some or all of the buildings changing management rules authorising luxurious improvements to the … WebMay 27, 2024 · When you purchase a unit in a sectional title scheme you gain 3 things: the section in which you reside; an undivided share in the common property and; membership to the body corporate. You exercise your democratic right to vote and take decisions on the operation of the body corporate in general meetings. Every body corporate must hold an … WebRegardless of the nature of the development, they all have a few things in common, one of which is the holding of the development’s inaugural meeting. This first general meeting must be called by the developer and bears little resemblance to other general meetings held by … sonic rush dbog