Common Property Title
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.
A little more information about Strata living
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 FAQ
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.