Who Owns What?

Who Owns What?

Plans

When it comes to plans of subdivision it's not always easy to understand where the boundary between private property and common property lies, even for those of us in the industry.

Fortunately, the Victorian Department of Sustainability and Environment have an excellent document that helps even the uninitiated understand the boundaries and will, hopefully, reduce the frequent misunderstanding as to who pays for repairs and maintenance, the Owners Corporation or the lot owner.

Available from their website at;

https://www.dtpli.vic.gov.au/__data/assets/pdf_file/0018/109620/Building-Subdivision-Guidelines.pdf

or download here;

Subdivision_Guidelines.pdf

Still unsure of your responsibilities?  Ask your Owners Corporation manager and, if they aren’t able to assist you, feel free to give Iconic Strata Management a call on (03) 9982-1302. Our team has extensive experience with even the most complex of plans of subdivision for Owners Corporations.

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