Categories for Leasehold Strata

New type of Title, what is a Leasehold scheme, Title, and Reversionary interest

27/5/2020
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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...

Strata Titles Act Reform – Update June 2016

30/6/2016
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In this series of articles on the Strata Titles Act Reform project, we are bringing you details of the amendments that will impact strata communities across Western Australia. Our previous articles and online videos have already covered other areas of the reforms including: the new forms of strata: community title schemes and leasehold strata improved management clearer and easier ways to resolve disputes terminations of schemes​ staged strata development. This article will focus on the proposed reforms for improving buyer...