The introduction of the new Strata Title Act Amendment has led to the creation of Leasehold Schemes and Titles in WA. A leasehold scheme includes a subdivided underlying title with a reversionary interest and leasehold strata titles. A Leasehold Title is a portion of the subdivided land that acts the same as a freehold parcel for the duration of the leasehold scheme (20-99 years). Reversionary interest relates to the right of the owner of the underlying title. It allows them...
Regulated products and services From 1 July 2018, Landgate’s regulated fees are due to increase approximately 1.5 per cent,in line with the average forecast rate of the Consumer Price Index (CPI). The proposed fees are available on our website. Please be aware these are subject toapproval from the Governor in Executive Council and publishing in the Government Gazette. The final fee schedule will be on Landgate’s website as soon as this approval is received. Commercial (non-regulated) products and services From 1...
Milestone achieved!The most significant changes to strata in over 20 years have been confirmed following the passage of the Strata Titles Amendment Bill 2018 and the Community Titles Bill 2018 on 1 November 2018 and 6 November 2018 respectively.What happens now?Landgate’s focus will now be on completing the regulations to support the amended Strata Titles Act 1985 and the new Community Titles Act 2018. Landgate will continue consulting with public, government, industry and community stakeholders on those regulations.How to stay informedFor further information on the reforms, refer...
Government opts for partial sale of Landgate. Source:https://thewest.com.au/business/government-opts-for-partial-sale-of-landgate-ng-b88879551zNick Evans The West AustralianWednesday, 27 June 2018 12:16PMNick EvansTransport Minister Rita Saffioti Picture: The West Australian, Simon Santi The West AustralianThe State Government will sell off the profitable arm of WA’s land titles registry, but says it will not fully privatise Landgate. Lands Minister Rita Saffioti announced today Landgate’s “automated registry services” would be put on the market, but its statutory functions, and other services, would be retained by the State Government.It is understood the...
CIB 309: End of Financial Year Document Lodgement 18 June 2018 End of Financial year is traditionally a time of high lodgement activity. On Friday 29 June 2018, Landgate will support customers and industry with the following initiatives:Settlement room availability – The settlement room inside our Perth Business Office will be available for customer use. We anticipate that this room will be in high demand on the day and we will continue to provide support and assistance.Express queue – Three express terminals...
The amendments to the TLA have achieved a second reading in Parliament.This Bill aims to amend three key areas of the Transfer of Land Act 1893 (TLA). It:1. Modifies the definition of counterpart documents to improve the processing of mortgages electronically;2. Enables electronic service of many types of notice under the TLA; and3. Removes duplicate certificates of title from the conveyancing process, resulting in greater ability to conduct land transactions in a fully electronic environment.In its submission to Landgate AICWA called for...
