Our complex was originally planned as 5 blocks; one was sold by the developers for use as 'hotel apartments' and a separate Title Deed was issued. The 'agreement' supposedly gave the new owners of that block 'exclusive' parking rights to use and access one particular area on our property [which our Title Deeds clearly show 'our' complex owns as communal land]. The area is inside our boundary wall and security gate.
The lawyer who is employed by our Management Committee says that since the agreement was lodged with the Land Registry, it is legal and we have to abide by it. However, as we understand the law, 'exclusive rights' to use specific parking bays can only be signed away by 75% or more of the owners of the communal land. Yet the 'agreement ' was only entered into and signed by the half-dozen or so directors of the original developers. No joint owners of our complex were even consulted, let alone gave their permission!
According to our Title Deeds, each unit is entitled to use one (undefined) parking space. Yet even including the disputed area, we don't have the 100+ spaces required for every unit. We can ill afford to lose the 10 or so spaces we have been using uninteruptedly for the past 22 years!
Advice please! We have an AGM due on October 15th. What do we tell the owners of our complex?