Torrens Title – Involves the creation of new allotments from an existing allotment or a boundary adjustment involving adjoining properties. Torrens Title Subdivisions are usually created so that each of the new allotments can be owned as freehold land.
Please note minor boundary adjustments may not require development consent.
The State Environmental Planning Policy (Exempt and Complying Development Codes) 2008 identifies those boundary adjustments which are exempt developments.
Strata Title – Most commonly used for apartment buildings, commercial and industrial developments. The boundaries of the lots in a strata plan are defined by permanent structures such as walls. Strata title subdivides the air space above the land not the land.
At the commencement of a strata scheme, an owners corporation is set up which is a body corporate of all of the lot owners in the scheme. The body corporate is responsible for maintenance and repairs of common property.
Community Title – Enables the owners within the plan to share or have the use of community land set aside for parks, playgrounds, swimming pools etc. This type of subdivision is able to include individual dwellings, shops and other facilities. Each owner of an allotment included in the plan contributes levies for the cost of maintaining communal property.