Knowing what rules and exemptions apply to your two-lot scheme can make holding your annual general meeting (AGM) much easier, especially if your strata scheme is self-managed.
Here we outline what your two-lot scheme needs to do and the steps to get you there.
All two-lot schemes in NSW (for example, strata-titled duplexes) must comply with strata laws including:
- keeping clear records
- holding meetings including an AGM each year
- completing their annual strata reporting within 3 months of their AGM.
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