Comments on: Conveyancing – Commmunity Title / Body Corporate / Strata title property comes with significant inherent risks (and costs) that investors must factor into their return calculations http://www.lawexperts.com.au/conveyancing/conveyancing-commmunity-title-body-corporate-strata-title-property-comes-with-significant-inherent-risks-and-costs-that-investors-must-factor-into-their-return-calculations/ Expert lawyers from Corney & Lind Lawyers blog about real legal questions Fri, 27 Jan 2012 06:57:14 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Andrew Lind http://www.lawexperts.com.au/conveyancing/conveyancing-commmunity-title-body-corporate-strata-title-property-comes-with-significant-inherent-risks-and-costs-that-investors-must-factor-into-their-return-calculations/comment-page-1/#comment-1950 Andrew Lind Tue, 08 Mar 2011 05:54:41 +0000 http://www.lawexperts.com.au/?p=266#comment-1950 I suggest that your first phone call is to the Town Planning department of your local council about whether the planning scheme will allow this. I suggest that your first phone call is to the Town Planning department of your local council about whether the planning scheme will allow this.

]]> By: Anna http://www.lawexperts.com.au/conveyancing/conveyancing-commmunity-title-body-corporate-strata-title-property-comes-with-significant-inherent-risks-and-costs-that-investors-must-factor-into-their-return-calculations/comment-page-1/#comment-1945 Anna Wed, 02 Mar 2011 09:13:57 +0000 http://www.lawexperts.com.au/?p=266#comment-1945 My parents are on retiring and they own 17 acres of rural land outside caboolture queensland. Could we subdivide an acre off this property for myself or other siblings to purchase from them to make their retirement a little more easy and comfortable. Could you point me in the right direction to go about this if this is obtainable. Thank you My parents are on retiring and they own 17 acres of rural land outside caboolture queensland. Could we subdivide an acre off this property for myself or other siblings to purchase from them to make their retirement a little more easy and comfortable.
Could you point me in the right direction to go about this if this is obtainable.
Thank you

]]> By: Andrew Lind http://www.lawexperts.com.au/conveyancing/conveyancing-commmunity-title-body-corporate-strata-title-property-comes-with-significant-inherent-risks-and-costs-that-investors-must-factor-into-their-return-calculations/comment-page-1/#comment-1915 Andrew Lind Mon, 24 Jan 2011 07:18:32 +0000 http://www.lawexperts.com.au/?p=266#comment-1915 The best place to start will be with a local surveyor or town planner who will be able to advise you about whether sub-division would be achievable under the town plan and what the process and costs may be in relation to it. The best place to start will be with a local surveyor or town planner who will be able to advise you about whether sub-division would be achievable under the town plan and what the process and costs may be in relation to it.

]]> By: Troy http://www.lawexperts.com.au/conveyancing/conveyancing-commmunity-title-body-corporate-strata-title-property-comes-with-significant-inherent-risks-and-costs-that-investors-must-factor-into-their-return-calculations/comment-page-1/#comment-1914 Troy Sun, 23 Jan 2011 02:29:01 +0000 http://www.lawexperts.com.au/?p=266#comment-1914 Hi my mother in law has a property in miriam vale shire council around 4 to 5 hundred acres. She has 3 children my wife being one of them. She has asked us if we want our third of the the property now if so we just have to pay for the subdivision. I'd just like to know what would be the best way to go about it ie - subdivision, strata titling. Any advice on this would be great. Troy Hi my mother in law has a property in miriam vale shire council around 4 to 5 hundred acres. She has 3 children my wife being one of them. She has asked us if we want our third of the the property now if so we just have to pay for the subdivision. I’d just like to know what would be the best way to go about it ie – subdivision, strata titling. Any advice on this would be great.
Troy

]]> By: Andrew Lind http://www.lawexperts.com.au/conveyancing/conveyancing-commmunity-title-body-corporate-strata-title-property-comes-with-significant-inherent-risks-and-costs-that-investors-must-factor-into-their-return-calculations/comment-page-1/#comment-1774 Andrew Lind Thu, 21 Jan 2010 06:24:17 +0000 http://www.lawexperts.com.au/?p=266#comment-1774 Hi Lyn Yes a subdivision will be required. A couple of initial suggestions are these: 1. You engage a surveyor experienced with this type of subdivision to advise you on the best form of subdivision; 2. Usually a Small Scheme under the Body Corporate and Community Management Act is required. A Body Corporate Management company could assist you with the documents required. Alternatively our <a href="http://www.corneyandlind.com.au/services/property-law" rel="nofollow">Property Law Team</a> could project manage this for you. A short consultation would give you a good idea of the process and value our <a href="http://www.corneyandlind.com.au/services/property-law" rel="nofollow">property lawyers</a> could deliver. Regards Andrew Lind Hi Lyn
Yes a subdivision will be required. A couple of initial suggestions are these:

1. You engage a surveyor experienced with this type of subdivision to advise you on the best form of subdivision;

2. Usually a Small Scheme under the Body Corporate and Community Management Act is required. A Body Corporate Management company could assist you with the documents required.

Alternatively our Property Law Team could project manage this for you. A short consultation would give you a good idea of the process and value our property lawyers could deliver.

Regards
Andrew Lind

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