5 OCTOBER 2022
Developer Australia YMCI is counting on a vote by owners of defective apartments it has rectified in western Sydney to draw a line under legal action and allow it to get on with marketing the next stage of its $5 billion Ovation Quarter development.
Strata owners advocacy group Owners Corporation Network said the streamlining of rectification processes would remove a lot stress.
“Enforceable undertakings by the developer would save owners years of financial and emotional pain involved in the current landscape of drawn-out litigation, which often ends badly for them,” OCN executive director Karen Stiles said.
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