Taylor & Scott Lawyers understand that buying and selling property is one of the most important and expensive investments you will make in your lifetime and the right legal advice can make all the difference to your future.
We act for a range of clients advising them on every legal aspect regarding property transactions, including:
Taylor & Scott Lawyers have a practical approach to all issues, delivering genuine value for money to our clients.
We talk to you in plain language, keeping you fully informed along the way. Whether you are purchasing property for the first time or buying investment properties or making a commercial investment, we are your trusted advisors, ensuring your matter is completed successfully and professionally.
Taylor & Scott Lawyers provide a cost-effective and competitive conveyancing and property service.
At Taylor & Scott, We Care For You
Company Title grew in popularity in the 1920’s and 1930’s as a way to provide for separate ownership of apartments. With Company Title the owner does not have title in real estate but owns shares in a company. The shares entitles the owner the right to occupy a defined area (usually an apartment in the building) owned by the company. Unlike with strata title, the buyer of a company title home unit does not receive a certificate of title to the property. Instead, they receive a share certificate.
The Company constitution sets out the rules for the transfer of shares, and often may require the transfer of shares to be approved by the Director of the Company. There may also be various limitations set out in the Company constitution.
In contrast, Strata Title was developed in the 1960’s and allows for a legal interest in the real estate, defined by the registered strata plan, to be purchased. The purchaser receives a Certificate of Title for the lot number (of the Strata Plan) that they have purchased. Note that a strata title purchaser does not need the permission of the Owners Corporation (Body Corporate) to purchase a strata apartment.
When buying a Company Title Property, additional searches and investigations should be done. At Taylor and Scott Lawyers, we have the experience and expertise to assist you when buying a Company Title property.
At Taylor and Scott Lawyers we investigate the Company Constitution and Registry if there are any:
At Taylor & Scott “ We Care For You.”