A Minority Owner's chronicled journey through 3 Collective Sale attempts; the last one being successful. TC was a 560 ex-HUDC estate with a thriving community spirit (up until the enblocs that is). I have moved on to a new, 37 unit Freehold estate. Life is quiet now with zero community feeling.
I think that the main person(s) responsible should be the lawyers. They should have kept us all up to date and discussed the pros and cons of all decisions. If any action is to be taken, I think it should be against them.
Any idea "who" has decided to take calculated risk and is responsible for delaying the application to STB?
ReplyDelete- Sales Committee themselves
- or the majority as a whole
Now that we are in trouble, any ground for majority owner to take legal actions against the sales committen for causing potential lost in sales ???
This is not an area I wish to wade into. You would need to seek proper legal advice on these matters.
ReplyDeleteI think that the main person(s) responsible should be the lawyers. They should have kept us all up to date and discussed the pros and cons of all decisions. If any action is to be taken, I think it should be against them.
ReplyDelete