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Multi-Unit Development Act 2011
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 Development 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 resource
- Checklists of rights and obligations
- What are multi-unit developments

- What the developer must do

- What the apartment owner is entitled to

- What to do if things go wrong

- Checklist of financial statements disclosures

- A 20 minute audio and video on line presentation on the requirements of the Multi-Unit Development Act 2011

- Magazine article summarising the requirements of the Act is at

