Apathy and Lack of Interest in Body Corporates in Queensland.

Apathy and lack of interest in Body Corporates in Queensland.

Apathy and lack of interest are part of the problem in the efficient and appropriate conduct of Body Corporates in Queensland. Important issues, like approving financial annual budgets and committee election are decided at annual general meetings and it would be reasonable to except there would be keen interest by lot owners in such matters. However, surprisingly, annual general meeting are often poorly attended.

It is not uncommon for annual general meetings to have to be adjourned as a result of a lack of a quorum and what typically follows, as provided by statute, is the holding of the AGM where no quorum is necessary.

In one recent example of a modern large unit residential complex in Brisbane, an AGM was adjourned as a result of a lack of a quorum and at the following statutory meeting only 1.5% of lot owners actually attended the meeting, 1% of lot owners voted by proxy and 5% by voting papers.

This is not atypical and begs the question how many potential voters do not participate in such an important process as an AGM and how many lot owners take a real interest in the ongoing conduct of the Body Corporate?

Disclaimer: This article is intended as general information only and should not be relied upon as legal advice. For specific legal advice please contact us here.