Conveyancing & Property: Community Title - FAQ
What is community title?
- Community title is a type of ownership that is used to subdivide land into individually owned lots and collectively owned common property.
- Community title can be subdivided into subsidiary schemes that can be either
- smaller community schemes;
- precinct schemes;
- neighbourhood schemes; or
- strata schemes.
- It is a very popular method of urban development utilised by developers to create unique and functioning communities.
- Common property in a community scheme is owned by the association and has its own lot number.
Read some more FAQS from our Community Title section