Tuesday, September 22, 2020

Body Corporate And Community Management Act 1997

Chapter 3
Part 1
Division 5
Section 111E

Meaning and effect of lot owner agreement | Section 111E

(1)lot owner agreement for a specified two-lot scheme is an agreement between the owners of the lots included in the scheme about a matter—

(a)related to the carrying out of the functions given to the body corporate under this Act and the community management statement; and

(b)for which the body corporate is required or permitted to make a decision under this Act or the community management statement.

(2)A lot owner agreement for a specified two-lot scheme is a decision of the body corporate.

© Sourced from the Queensland Legislation website at 1 April 2020. For the latest information on Queensland Government legislation please go to https://www.legislation.qld.gov.au.

Disclaimer: Reproduced from the Body Corporate and Community Management Act 1997. This website does not give legal advice or other professional advice. You should seek legal or other professional advice before acting and not rely on any of the content on this website.

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