Relook en bloc rulesI AM sure that I am not alone in being mightily heartened by the ruling of the Court of Appeal in the Horizon Towers case. However, the case happened because of the infancy of en bloc sale laws. Something is amiss if you have to go all the way to the Court of Appeal to get fair play. Not only should such sales have tighter rules to regulate all aspects
of the transactions, but the laws should also be reviewed. It is also time
to take stock of the role of the Strata Titles Board. Is its very
composition detrimental to any real kind of proper hearing on the issues?
|
| << Back to Archives |