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STRATA SCHEMES DEVELOPMENT ACT 2015 - SECT 15 Consolidation of lots

STRATA SCHEMES DEVELOPMENT ACT 2015 - SECT 15

Consolidation of lots

15 Consolidation of lots

(1) Two or more lots may be consolidated into one lot by the registration of a plan as a strata plan of consolidation.
(2) The plan must--
(a) include an administration sheet, and
(b) if the plan is for a leasehold strata scheme--be accompanied by the replacement leases for the plan.
(3) The administration sheet for the plan must include a surveyor's certificate for the proposed strata plan of consolidation.
(4) Subsection (5) applies in relation to the consolidation of lots if the owners corporation of the strata scheme--
(a) agrees to the consolidation by special resolution, and
(b) signs the proposed strata plan of consolidation.
(5) Any common property in a wall, floor or ceiling that is a boundary between any of the lots being consolidated ceases to be common property and vests in the owner of the consolidated lot on registration of the plan as a strata plan of consolidation.