Incentive Payment to Minority Owners
When incentive payments are made to minority owners to secure their consent to a collective sale, is the ‘good faith’ of the transaction impugned such that an application for collective sale will not go through?
Pitfalls to Avoid When Co-Investing in a Property
When family members or friends co-fund the purchase of a property, disputes might arise over the beneficial ownership of the property if their intentions are not properly documented. Avoid the risk of protracted legal tussles by seeking competent legal advice.
5 Things to Note in a Collective Sale
As en bloc fever sweeps by again, unit owners should understand the processes and people involved in collective sales.