Strata Data Update – February 2017

Strata Community Australia recently released a Strata Data update. According to the update at 15 February 2017 there were 821,044 lots registered with the NSW Land and Property Information. To give a comparison in September 2016 the LPI recorded 808,376 lots in NSW....

Why Does The ACT Have Leasehold Title?

The reason the ACT is virtually unique in Australia arises from the idea that as a city develops, the value of land increases. Such was the concern that landholders and particularly land speculators (who had done nothing to create the increase in value) would benefit,...

Increase in ACAT’s Civil Jurisdiction

From 15 December 2016 the civil dispute jurisdiction of the ACT Civil and Administrative Tribunal (ACAT) has increased from $10,000 to $25,000. This means that owners corporations seeking debt recovery of up to $25,000 may proceed in ACAT rather than in the ACT...