Common Property Title

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The Common Property Title report provides information about

• The property’s current owner/s 
• Any mortgage registered on title
• Caveats that have been registered on title
• Any Development applications that have been submitted
• Any kind of easement, restriction or covenant that might affect a property

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.
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NSW-Title-CP – 1-min
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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.

A Registered Strata Plan

A registered strata plan defines the boundaries between common property and can clarify what areas are common property.  You can search for a strata plan here

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.