Short term leasing laws changed on 18 December 2020
The rising and largely unregulated popularity of short term leasing in high rise complex buildings has caused disruption to many strata title and company title communities. However, both the Government and the community are responding.
Thinking of selling your Company Title Property?
Company title is rare and unusual. If you are selling it then you should have experienced lawyers to help you.
Can you still ban pets in Company Title Buildings following the Cooper Case?
Following the decision in Coopers Case, can you still ban pets in a Company Title Building?
Fire safety and your building – choosing the right fire safety practitioner for your strata title or company title building
Ensuring the fire safety of buildings is now a prime focus for owners of strata title and company title buildings. Under new rules, owners of buildings must ensure that they conduct proper due diligence and check that they have engaged an accredited fire safety practitioner.
Company Title Regulations – The dangers of not having ‘House Rules’
A Company Title home building is governed by its Memorandum and Articles of Association (now known as a Constitution). The better run company title home buildings also have a set of company title regulations in place commonly known as ‘House Rules’. What are House Rules? House Rules are a separate regulatory document and usually do […]
Converting Company Title To Strata Title: What Company Title Directors Should Know
There is no reason why Company Title buildings should not be converted to Strata Title. Indeed, converting Company Title to Strata Title may be in the financial interests of all existing shareholders. This is particularly relevant in the current financial market, where banks are taking a harsher line about lending to prospective owners of Company […]
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 need to rethink pet policies in the formal documents of […]
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’ pertaining to the unit in the building. The Company Title Building […]
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. Well-managed company title board meetings are essential to the proper and smooth management and running of company […]
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, this means that shareholders are not actually the owners of […]