Registration of the strata plan

Freehold strata plan

Upon registration of a freehold strata plan under the Strata Schemes Development Act 2015 the following actions occur:

  • The prior title is cancelled.
  • The plan and administration sheets are processed to be placed on public record, including the affixing of the Registrar General's Seal and the date.
  • The owners corporation comes into existence.
  • All common property vests in the owners corporation and a certificate of title is issued for the common property, see section 24 Strata Schemes Development Act 2015.
  • A certificate of title is created for each lot in the plan which will issue in the name of the registered proprietor of the prior title.
  • The initial period commences.

Leasehold strata plan

Upon registration of a strata plan under the Strata Schemes Development Act 2015 the following actions occur:

  • A notification is entered on the prior title referring to the strata plan and associated leases.
  • The leases for the common property and each lot are registered and placed on public record.
  • Any existing lease(s) on the freehold title which have been replaced by a new lease are automatically extinguished and removed from the title.
  • The plan and administration sheets are processed to be placed on public record, including the affixing of the Registrar General's Seal and the date.
  • The owners corporation comes into existence.
  • All common property vests in the owners corporation as lessee and a certificate of title is issued for the common property.
  • A certificate of title is created for the leasehold estate of each lot in the plan which will issue in the name of the lessee(s).
  • The initial period commences.