Morning gents and dams
Council has re-zoned a block of land where I own a unit. There are 8 of us in the complex and there is potential for a developer to put 35 units.
Anyways, all owners are in agreement to sell, however, is there some kind of agreement that all 8 owners can sign that binds them to selling. Obviously there will be an agreed minimum price/timing etc....
Reason being, we don't want one single greedy owner to pull out the day before auction or requesting more money after we have all agreed on set prices.
Just trying to make it an easy and smooth process and cover all bases.
Council has re-zoned a block of land where I own a unit. There are 8 of us in the complex and there is potential for a developer to put 35 units.
Anyways, all owners are in agreement to sell, however, is there some kind of agreement that all 8 owners can sign that binds them to selling. Obviously there will be an agreed minimum price/timing etc....
Reason being, we don't want one single greedy owner to pull out the day before auction or requesting more money after we have all agreed on set prices.
Just trying to make it an easy and smooth process and cover all bases.