—(1) Subject to subsection (2), a management corporation may, pursuant to a unanimous resolution —
execute on behalf of its subsidiary proprietors a grant of easement or a restrictive covenant burdening the parcel;
accept on their behalf a grant of easement or a restrictive covenant;
surrender on their behalf a grant of easement or a restrictive covenant burdening the parcel; or
accept on their behalf a surrender of a grant of easement or a restrictive covenant.
(2) Subsection (1) shall not authorise a management corporation to accept, grant or execute a surrender of any easement relating to common property which is the subject of a lease accepted or acquired by the management corporation under section 34(3) that, apart from subsection (1), it is not entitled to accept or execute as a lessee or, by the terms of the lease, it is prevented from accepting or executing.
[LT(S)A, s. 22(1)]
History for Provision '35 Creation of easements by management corporation'.
07 August 2014
Act 8 of 2014