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ARTICLE · 30 AUGUST 2023

Key reforms to Queensland body corporate laws

McMahon Clarke
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Proposed reforms aim to make it easier to sell and redevelop ageing or rundown community titles schemes.

AustraliaReal Estate and Construction
Luke Hefferan
Luke Hefferan
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The Palaszczuk Government yesterday announced key reforms to body corporate and community title laws in Queensland which aim to make it easier to sell and redevelop ageing or rundown community titles schemes, as well as new protections for buyers and lot owners.

Here's a quick summary of key changes proposed in the Body Corporate and Community Management and Other Legislation Amendment Bill 2023.

TERMINATION OF A STRATA SCHEME

The current requirement for unanimous consent from all lot owners to terminate a scheme will be reduced to require only 75 percent to vote in favour, subject to meeting certain conditions.

Some of these conditions include-

  • determining it is not economically viable either now or within five years to carry out adequate repairs to the building (as determined by a professional report), and

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