Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Who determines the budget for a strata development?

April 26, 2017budget Development Strata

0

Posted

Who determines the budget for a strata development?

2 Answers

0

Posted

A. The strata council prepares the annual budget, which must be approved by a majority vote of the strata lot owners. See: Guide 10 (What to Know About Budgeting and the Collection of Strata Fees).

0

Posted

A. The strata council prepares the annual budget, which must be approved by a majority vote of the strata lot owners. For more information, please see: Guide 10 (What to Know About Budgeting and the Collection of Strata Fees).