I'm hoping someone has some information on unit titles.
We have a 1970's townhouse in a until title structure, it is 1 of 3 (total land 1100 sqm) and we have added a minor dwelling on to our own 673sqm title 3 years ago with the other owners agreement. The owner of the Unit 1 is detached and is really keen to separate. Unit 2 and our - Unit 3 is attached by a partition wall.
Now we have been told by surveyors that we can separate the unit titles into individual freehold titles and this way we can then subdivide our 2 dwellings. Unfortunately the owner of Unit 2 does not want to do this even though we said that we will incur the costs.
We were wondering if there was another way of approaching it so everybody is happy. Can a unit title be expanded or added to if we can get the other owners to agree to it? Can the the minor dwelling be added into the unit title as another unit on the unit title? I can't find any info on whether this is possible. Or is it possible to separate unit 1, separate the minor dwelling by creating a new title and Unit 2 & Unit 3 can stay as a Unit title?
Thanks for any information
We have a 1970's townhouse in a until title structure, it is 1 of 3 (total land 1100 sqm) and we have added a minor dwelling on to our own 673sqm title 3 years ago with the other owners agreement. The owner of the Unit 1 is detached and is really keen to separate. Unit 2 and our - Unit 3 is attached by a partition wall.
Now we have been told by surveyors that we can separate the unit titles into individual freehold titles and this way we can then subdivide our 2 dwellings. Unfortunately the owner of Unit 2 does not want to do this even though we said that we will incur the costs.
We were wondering if there was another way of approaching it so everybody is happy. Can a unit title be expanded or added to if we can get the other owners to agree to it? Can the the minor dwelling be added into the unit title as another unit on the unit title? I can't find any info on whether this is possible. Or is it possible to separate unit 1, separate the minor dwelling by creating a new title and Unit 2 & Unit 3 can stay as a Unit title?
Thanks for any information
Comment