Common Property Title
Helping you discover which areas of a strata building or complex have not been allocated to a specific lot or unit.
The Common Property Title report will include:
- the address for service,
- any kind of easement restrictions, covenants, lease that affects the Plan and Common Property
- the schedule of entitlement for each lot.
The Common Property report will not provide detailed information about individual lots. These can be found on a Title Search and Strata Report.
A little more information about Strata living
In most strata schemes, the lot owner owns the inside of the unit but not the main structure of the building. Usually the four main walls, the ceiling, roof and the floor are common property. The basic rule is that everything inside a lot is the owner’s property which includes all internal walls, fixtures, carpet and paint on the walls.
Airspace
A lot owner effectively owns the airspace, and anything included in the airspace, inside the boundary walls, floor and ceiling of the lot. Lot airspace may include balconies and courtyards.
Areas of common property
Common property boundaries of each lot are generally formed by:
- The upper surface of the floor (but not including carpet)
- The under surface of the ceiling
- All external or boundary walls (including doors and windows).
Common property can include such things as:
- Pipes in the common property or servicing more than one lot
- Electrical wiring in the common property or servicing more than one lot
- Originally installed parquet floors, ceramic tiles, floorboards, vermiculite ceilings, plaster ceilings and cornices
- Magnesite finish on the floor
- Most balcony doors are usually common property if the strata plan was registered after 1974
- The slab dividing two storeys of the same lot or one storey from an open space roof area or garden areas of a lot (eg. a townhouse or villa), is usually common property if the strata plan was registered after 1 July 1974, unless the registered strata plan says it is not.
Common Property Title FAQs
A common property title provides the same information as a regular Title Search but the information applies to the entire building.
Common property is any parcel of property that is not allocated a specific lot. It is a shared space that every occupier or lot owner shares, and typically include gardens, garages, fences, driveways, hallways, etc.
