Multi-Unit Developments Act 2011
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Transfer of ownership of parts of a multi-unit development. |
10.— (1) If ownership of an interest in or responsibility for the maintenance and management of a part of a multi-unit development is vested in or imposed on the unit owner in a multi-unit development and such part of the development is one the ownership of or responsibility for which is commonly held by an owners’ management company, or comes within the definition of common areas in section 1 — | |
(a) the unit owner concerned may by agreement transfer and the owners’ management company concerned may by agreement accept, or | ||
(b) the owners’ management company concerned may by agreement transfer and the unit owner concerned may by agreement accept, | ||
the transfer of the ownership of the interest in, or the transfer of responsibility for the maintenance and management of, the part concerned. | ||
(2) Agreement by an owners’ management company under subsection (1) shall not be given unless such agreement has been approved by a general meeting of the members of the company. | ||
(3) Where a unit owner or an owners’ management company of a multi-unit development considers that the other has, in relation to a matter referred to in subsection (1), unreasonably withheld consent to such matter the aggrieved party may make an application to court under section 24 . |