by AlexanderDorrington | Sep 20, 2010 | General property Law, Unit Titles
Just what does happen to insurance money if your unit title is damaged and a claim is made on insurance? There is a statutory obligation on each body corporate to insure all buildings and other improvements for replacement value. The insurance must cover...
by Denise Marsden | Sep 13, 2010 | General property Law, Subdivisions
Does land need to be insured? In most funding we do lenders do not insist on this. Most developers have contract works cover in place whilst involved in constructing infrastructure on the land (often through the contractors), but once...
by Denise Marsden | Aug 31, 2010 | General property Law, Unit Titles
This is a brief look at body corporate rules found to be ultra vires by the Court to date. Ultra vires is latin for "beyond the powers". These are body corporate rules that go beyond those allowed under the Unit Titles Act...
by Debra Dorrington | Jul 26, 2010 | General property Law, Subdivisions
It is not uncommon to see encumbrances registered against titles. They are a tool used when a landowner has an obligation to someone like an incorporated society or a neighbour. An encumbrance might require that a landowner: join an association, maintain some...
by Denise Marsden | Jul 22, 2010 | General property Law, Unit Titles
The Department of Building and Housing has published a Unit Titles Amendment Bill consultation document dated 20 November 2012. They are seeking views on some proposed amendments to the Act and Regulations. Written submissions are due by 1 February 2013. The review...
by AlexanderDorrington | Jul 22, 2010 | General property Law
No major policy changes are expected here. It’s more about modernising the Act to reflect how land transacstions are actually done now. There are 24 areas for change identified.