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Redevelopment plans


Redevelopment plans
Regular price

Redevelopment plans


Where some owners want to participate in a redevelopment of the strata by surrendering their title and taking a new one in a redeveloped building, a redevelopment plan is required setting out all the rights and obligations of the various parties and the means by which everyone will be protected. If agreement is reached, then the redevelopment proceeds according to a redevelopment agreement signed by all parties. If there are dissenters, the strata renewal court processes are used to obtain compulsory sale orders on terms approved by the court.

Michael negotiates redevelopment plans for owners and manages relationships between owners and builders and financiers.

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