Mosaic Settlements – Our Services
Strata Title Settlements
regulations set out by the Council of Owners
The changes to zoning in various councils has resulted in the development of high-density living spaces, such as villas, units, townhouses and apartment blocks. When a large parent title is subdivided to create many smaller lots, a Strata Title is created. A strata titled property is different to a freehold lot. When you buy a freehold lot (also known as a green title lot) you have total control of the land and the building, on the other hand, when you buy a strata title lot you are bound by the rules and regulations set out by the Council of Owners (or those set out in the Strata Titles Act) which may limit the control you have over your property. For example, any changes you wish to make to your property may need approval from the Council of Owners.
If you are looking at buying a Strata Title property, Mosaic Settlements is well-versed with such settlements and we are ready to help you.
STRATA CONVEYANCING SERVICES AND LEGALITIES
The complication with Strata Title settlements is that there are various legalities involved, with multiple entities such as the strata company, owner’s corporation, community association or body corporate. Before you buy, you should ask the real estate agent for a copy of the Pre-Contractual Disclosure Statement. This is information the seller must provide to the buyer disclosing important details such as:
- A copy of the scheme plan marked with location of the lot with defined boundaries
- Contributions/levies payable by the owner for that lot
- Details of any exclusive use by-laws that apply to the lot
Our strata conveyancing team use specific skills in dealing with Strata Titles. We have systems in place that best aid our clients, whether they are purchasing a lot within a small triplex complex or a large scale high rise building.
FIRST-CLASS STRATA CONVEYANCING SERVICES
When you are looking for help with the selling or buying of a Strata Title property, the Mosaic Settlements team is ready to liaise with you. Our expert team will ensure you receive the information you need to make an informed sale or purchase. If you have any Strata Title questions for our settlement team, then please get in touch.
Mosaic Settlements:
Our Values
If you’re selling or buying a property, you need to know that your settlement agent acts with integrity. When we are representing you, we do so with integrity, at every step of the settlement process. We are fully committed to your success.
Whether it is your first time, or something you do often, buying or selling a property is a big deal! When you look for the best settlement agent Perth can offer, you want people you can rely on, people you can trust. Trust is important to us too and we are committed to meeting your settlement needs.
We believe in what we do and what we have to offer. Our passion remains strong in providing each client with the best results possible, every time. We promise you will get the best of our personal attributes, namely our experience, knowledge and our passion.