Are Pets Allowed In Company Title Buildings?

Are Pets Allowed In Company Title Buildings?

Many Company Title Buildings have a complete prohibition on pets which can either be found in the House Rules or Articles of Association of the Company. There has been a recent change in community standards in respect of pets. Accordingly, there has been a genuine...
Your Obligations When Selling A Company Title Unit

Your Obligations When Selling A Company Title Unit

Are you thinking of selling your unit contained in a Company Title Building? There are a slightly different set of disclosure requirements imposed on vendors when selling a Company Title unit. The first thing to remember is that, you are selling the ‘eligible shares’...
Proper Procedures For Company Title Board Meetings

Proper Procedures For Company Title Board Meetings

Company title companies are corporations for the purposes of the Corporations Act 2001. The Corporations Act sets out a number of requirements regarding the governance of corporations in Australia. Some of these requirements include regard to meeting procedure....
What is a Company Title?

What is a Company Title?

Company title is a category of land ownership whereby a company has title to the land and owns the units on that land. Shareholders who have shares in the company have exclusive use and occupation of their flat in accordance with The Company’s Constitution. Therefore,...
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...