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  • #10942
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    Flatchatter

    From reader IJ:

    I live in a block of flats with four units. Two of the units are owned by one person, who is a very difficult person to deal with. She is an investor and lives elsewhere.

    Recently, one of the other two units sold. I am fairly sure the investor is the buyer. If this is so, she will have slightly more than 75 percent of the unit entitlements.

    Can she force me out of my unit under the 75%-of-units-can-now-sell-the-block-to-a-developer rule?

    At the very least, if one person owns three units in a four-unit block, this will reduce the value of my property, yes?

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