By Kye Tran-Tsai -
Snapshot
- Community subdivision comprises principles of both conventional subdivision and strata subdivision and gives developers greater flexibility for staged development.
- Community scheme development provides unique opportunities for developers, provided their intention for the overall development of the scheme is appropriate for the community plan lodged for registration.
- The added complexities of the title require close examination by practitioners advising on a purchase.
- For transactions involving a lot in a community plan, practitioners should pay attention to the community plan including the Schedule of Changes in the Location Diagram, and the community property title to investigate any further subdivisions of the scheme.
Community plan subdivision is the youngest and most diverse of the subdivision methods that encourages land development and engages the community by maximising shared-use spaces and supporting mixed-use ventures. It has been better understood, quite rightly, by comparing its features with strata title.
The ultimate goal of land titling methods is the subdivision of boundaries to exact survey measurements. Once land is subdivided, the legal boundaries are created, allowing the land within the boundaries to be transferred and dealt with. The end result gives transacting parties certainty of the site and position of the land with reference to surveyed bearings and distances. Of all land titling methods, community title is the youngest.
