Speak to a Consultant Free Call | Mon - Fri | 9am - 5pm
1800 001 212

Community Title

3. Types of Schemes

Authors: Staff Legal Eagle
Firm / Chambers:
Last updated: 07 Jul 2015
    3. Types of Schemes
  • Community schemes consist of either:
    • a neighbourhood scheme; or
    • a community scheme that is subdivided into either:
      • strata schemes;
      • neighbourhood schemes;
      • precinct schemes; or
      • a combination of these.
  • Schemes are created by the registration of a neighbourhood, precinct or community plan.
  • The running and management of the scheme is controlled by general rules in the legislation and specific rules in a management statement.
  • The difference between the schemes is not very clear. Developers often use different plans for different reasons including:
    • ease of further subdivision;
    • legality of subdivision; and
    • commercial marketing of the development.
  • Community schemes consist of either:
    • a neighbourhood scheme; or
    • a community scheme that is subdivided into either:
      • strata schemes;
      • neighbourhood schemes;
      • precinct schemes; or
      • a combination of these.
  • Schemes are created by the registration of a neighbourhood, precinct or community plan.
  • The running and management of the scheme is controlled by general rules in the legislation and specific rules in a management statement.
  • The difference between the schemes is not very clear. Developers often use different plans for different reasons including:
    • ease of further subdivision;
    • legality of subdivision; and
    • commercial marketing of the development.

 

View more Information on Conveyancing & Property

Connect with a Lawyer