1) What Changed on 4 February 2026?
The regulation simplifies the majority threshold after risky-building designation becomes final. Simple majority means more than half of owners and more than half of land shares (P+1). Lowering the bar aims to reduce deadlock, but procedural validity remains essential. Confirm detection and objection periods are complete before voting. Heritage-status buildings still need conservation-board tracks; majority does not replace permits.
2) How to Calculate Simple Majority (P+1)
Count both owner numbers and land shares from current title records. Proxy votes need notarised power of attorney; heirs need succession documents; company owners need signature circulars. Decision text must clearly state demolition, rebuild, contractor choice, or revenue-share ratios. Vague decisions force re-voting later.
3) Owner Meeting Notice and Minutes
Call notices must include date, time, place, and agenda with reasonable prior service. Roll call, share schedule, separate votes per agenda item, and signed minutes are mandatory. Record against and abstaining votes for later share-sale evidence. Pre-meeting briefing sessions reduce conflict.
4) Dissenting Owners and Share Sale
Shares of owners who do not join the majority decision may be sold under statutory procedure: notice, valuation, sale method, and title transfer. Fair market valuation reduces annulment risk. Tenants require separate eviction and rent handling. After sale, the new share holder joins the majority decision and construction contract.
5) Revenue-Share and Construction Contract
After majority, draft the construction-for-share contract covering unit allocation, delivery time, penalties, temporary housing, demolition responsibility, and permit duties. Architectural, structural, and MEP packages must be complete before site work. Financing schedules and progress-payment tables improve transparency.
6) Sequencing and Parallel Steps
Majority alone does not authorise construction. Detection finality, minutes, contract, permits, and evacuation form a chain. Rent-aid applications and temporary housing can run in parallel—critical under 90-day evacuation pressure. Critical-path scheduling of notices and share sales prevents permit returns.
7) Common Errors and Risk Control
Typical failures: outdated share tables, defective notice, unclear decisions, skipped heritage checks, and improper sale valuation. Transparent offers and realistic official timelines protect both majority and minority owners. Contractor references and bonds matter as much as the vote itself.
8) Conclusion
Simple majority (P+1) accelerates decisions after February 2026, but success still depends on correct counting, lawful meetings, fair share sales, and parallel technical preparation. Contact us for process and delivery consultancy on majority-based urban transformation projects.