Community Title & Body Corporate Legal Services
Before buying a property within a community title, make sure that you fully understand and are mindful of the structure, risks and costs that are associated within a particular scheme. Gaining expert legal advice can help to make the decision easier and less complicated so you can focus on enjoying your new property.Contact us today
Community Titles and Body Corporate
Community titles are properties of land that are divided into lot arrangements where each lot is sold to a different owner. There are over 47 000 community title schemes and over 465 000 individual lots in Queensland.
Community titles have their own ‘common areas’ where a particular space is used by all members of the community. These common areas can include swimming pools, shared driveways and parking.
By-laws and Levies
As an owner in a community title scheme, you will need to abide by several levies and by-laws that differ from scheme to scheme.
By-laws are additional rules and regulations that are applicable to your individual scheme. They are used to regulate the behaviour of the owners and tenants of each lot and can cover a range of issues such as pets, noise and parking.
In a community title, every owner contributes to the day to day running of the scheme by paying regular levies. The levies can vary from different schemes depending on the age and condition of the common areas.
Before you purchase a community title property, it is important to consider the additional levy and fee charges that follow your purchase and to gain legal advice from an experienced solicitor.
A body corporate is a managing body formed when land is subdivided into community title schemes.
When you become an owner of a property in a community title scheme, you automatically become part of the body corporate.
The body corporate is responsible for maintaining and insuring the property (mainly the common property) as well as overseeing that the rules are adhered to within the community.
The body corporate of each and every community title scheme are regulated through the Body Corporate and Community Management Act (BCCM) which sets out the rights and responsibilities of those involved in a body corporate.