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En-bloc rules changes – amendments to LT(S)A

Proposed – Amendment bill to Land Titles (Strata) Act.

Purpose -

1. Address the role of the Strata Titles Board,
2. Balance the interest of property owners and
3. Streamline the collective sale process

Details -

2 years restriction period after a failed en-bloc attempt

• Within these 2 years, 1st re-attempt require at least 50% approval to convene Extraordinary General Meeting (EOGM)
• Subsequent re-attempts within the 2-year period will require at least 80%

Strata Titles Board

• empowered to issue a “stop order” to cease mediation – faster for owners to proceed to Court
• maximum time period spent on mediation will be set at 60 days

Sales Committee

• Sales Committee members to declare the “extent of ownership”

- see news article for more details

- direct from Ministry of Law

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