Purchased a villa many years ago in small 4 villa complex.
I presume like most investors thought of owning complex outright one day when others
came up in same complex for sale.
Problem was so did someone else, so over the years they have purchased the others.
I made a number of offers but not able to compete against the other purchaser.
So recently another became available and again his offer was much greater
than I was prepared to go, the situation is now they own 3 of the villas and
I own one.
So wondering if this leaves me in the box seat or them , what problems could
now exist with them having the voting numbers at strata time ??
I presume like most investors thought of owning complex outright one day when others
came up in same complex for sale.
Problem was so did someone else, so over the years they have purchased the others.
I made a number of offers but not able to compete against the other purchaser.
So recently another became available and again his offer was much greater
than I was prepared to go, the situation is now they own 3 of the villas and
I own one.
So wondering if this leaves me in the box seat or them , what problems could
now exist with them having the voting numbers at strata time ??