Strata Title properties first became registered in New South Wales in 1973. Since then there have been a number of changes to the Laws governing these types of properties. Each property can adopt their own by-laws which affect living in this type of title.
Each owner has total ownership over their house/townhouse/unit. They each contribute to the common areas of the complex by way of levied contributions. Adopted by-laws also govern this type of living.
Living in a Community Title complex often provides a multitude of additional services/ amenities to an owner. A Community Titled complex can be made up of Strata Titled buildings, Neighbourhood Association or a combination of both. Often a pool, tennis courts or playground are part of the complex. A report of this type covers all aspects of the complex and the various issues and rules governing living there.
A BMC, or Building Management Committee, is not a titled entity but is made up of representatives from various buildings forming a committee. These buildings share facilities that are common to all. They might be a courtyard, the fire services, or as simple as the plumbing. For example these shared areas can be between the local library or shops downstairs and the residential units above it. A report of this type gives further information into the whole site.
One of the oldest forms of title living. Company Title properties can be very complex and often confusing to a new owner. You are actually buying shares in a company as opposed to buying the unit. Company Titles have a different set of regulations for living at the complex.
|Strata Title Report||260|
|Neighbourhood Association Report||260|
|Community Association Report||260|
|Precinct Association Report||260|
|Company Title Report||260|
We can provide you with contact details and prices for reports relating to:
Note: Prices for searches outside of the Sydney Basin are $300, in order to cover required travel costs.