Are you
planning on opting for conversion
to strata title? Do you know what it is all
about? Well the company title is the system through which company owners by
shares in the building. As a result they are entitle to exclusive use and
occupation of their unit in addition to any common property to which everyone
has access.
Who would be involved in the Conversion to strata title process?
·
For the conversion to take place successfully, the company
solicitor should be present.
·
A project manager should be there who will look after all the
aspects so that obtaining the approval from the board for the strata plan
becomes easy.
·
The solicitor should be in touch with the Office of the State
Revenue so as to manage all the stamp duty obligations.
How long would the process take?
Usually the Conversion
to strata title takes approximately twelve months. In some cases it may be more
as well.
In order to
ensure that the Conversion to strata title is done in a hassle free manner, we suggest that you have an
in-depth conversation with your solicitor. Find out what are the documents
required, what are the things that you need to furnish so that there is no
delay in the Conversion to strata title
of any kind. In case of any confusion, you can always talk to our experts. Drop
us a mail or call our experts and they will guide you on how to do the
conversion. If you follow the instructions, you will not face any difficulty in
carrying out the procedure. We suggest that you hire a good solicitor who has
sufficient knowledge in this field. At the end of the day, he or she is going
to change the table in your favor. So be very careful about whom you hire.
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