Stamp Duty and Converting Company Title To Strata Title

Stamp Duty and Converting Company Title To Strata Title

If you plan to convert company title to strata title, do you have evidence of paying stamp duty on your company title? Conveyances, the sale of property, is subject to conveyance stamp duty. It is often one of the largest costs associated with the purchase of a...
What Does License To Occupy Mean For Company Titles?

What Does License To Occupy Mean For Company Titles?

When a company title member lets their unit to a tenant, there is no legal relationship between the tenant and the company. This means the company must rely on the tenant to enforce house rules on their tenant and means the company has no power to limit sub-letting or...
How To Enforce Company Title Renovations Policies

How To Enforce Company Title Renovations Policies

Managing a company title building’s renovations to ensure they are safe and non-disruptive is essential to members’ enjoyment of the building. In addition, directors who do not take steps to ensure that work is carried out by appropriately qualified and...
Why You Should Update Your Company Title Constitution

Why You Should Update Your Company Title Constitution

For directors and members, a change to the company title constitution may seem a daunting process. Updated constitutions can assist companies in managing letting and subletting, improving corporate governance and bringing their constitution in line with the most...
5 Steps To Convert A Company Title To Strata Title

5 Steps To Convert A Company Title To Strata Title

It is our experience in converting from company title to strata title that it has major issues establishing and proving that all shareholders have paid stamp duty on the contract to purchase the shares. Without this proof stamp duty will be required to be paid prior...
Why Create a New Company Title Scheme?

Why Create a New Company Title Scheme?

It is often difficult for a developer to unlock the value of land by using strata title. Sometimes, the terms of a development approval or other planning instrument may prevent strata subdivision. At other times, the costs associated with a strata subdivision can be...