OMC's - Block Management - Multi unit
In a multi-unit development, voting typically takes place at the Annual General Meeting (AGM) or at Extraordinary General Meetings (EGMs) of the Owners’ Management Company (OMC). Each unit owner is generally entitled to one vote per unit owned, regardless of the size or value of the unit.
To vote, unit owners must usually be up to date with their service charge payments and registered as members of the OMC. Voting can cover important matters such as approving accounts, electing directors, changing house rules, or making decisions about major repairs or upgrades.
Votes are usually decided by a simple majority, unless the decision involves altering the constitution or other significant matters, which may require a special resolution (typically 75% of votes in favour).
Proxy voting is also allowed—owners who can’t attend a meeting in person can appoint someone else to vote on their behalf, provided proper notice is given. All voting procedures must comply with the company’s constitution and the Multi-Unit Developments Act 2011.