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The community titles legislation has been around for in excess of 15 years now and allows for a Torrens title subdivision and the creation of “Association Property” which is similar to Common Property in a strata scheme. This method of subdivision is useful where you want a single entity being responsible for the entire parcel development ( the Community Association) yet still want to have vacant or improved freehold land to sell. It is most used for
Community land may be further subdivided by strata or additional community schemes which gives vast degrees of flexibility in the subdivision design. Each community is governed by a Management Statement which sets out the by-laws to be observed by all occupants of the scheme. We have prepared a number of community schemes for a varied number of themes and reasons. The trick is to identify the common areas and amenities, who has access to what and how, restrict them as necessary, and help formulate a Management Statement that will ensure smooth running of the scheme long after the final sale. Communities are very flexible and easy to modify to your exact needs. We have the necessary expertise and experience to ensure that if your next development will benefit from a community, then that scheme will be fully and professionally explored for you to make an informed decision. Why not give us a call when planning your next community scheme for some friendly advice and guidance, obligation free. |
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