If you live or aspire to live in a multi-unit development; or if you want to sell or buy a unit in a multi-unit development, estate or apartment block: read on, this affects you.
The new legislation is called the Multi-Unit Developments Act 2011 and it will regulate the Owner Management Companies (OMC) that own and manage the common areas in a multi-unit development. The new requirements are onerous and all of the provisions have been commenced since 1 April 2011.
Technical document resources that can be accessed from the 'Related Documents' section of this page are listed below.
- What are multi-unit developments;
- What the developer must do;
- What the apartment owner is entitled to;
- What to do if things go wrong;