Wednesday, September 30, 2020

Body Corporate And Community Management Act 1997

Chapter 2
Part 3
Division 1
Section 37

Creating common property (no new scheme) | Section 37

(1)If authorised by resolution without dissent, the body corporate for a community titles scheme may acquire, and incorporate with the common property for the scheme—

(a)land in fee simple contiguous to scheme land; or

(b)a lot included in the scheme.

(2)Subsection (1) applies only if—

(a)the titling and subdivisional arrangements needed for the acquisition are carried out under the Land Title Act; and

(b)the scheme, as changed by the creation of the new common property, is consistent with the requirements of this Act for a community titles scheme.

© Sourced from the Queensland Legislation website at 1 April 2020. For the latest information on Queensland Government legislation please go to https://www.legislation.qld.gov.au.

Disclaimer: Reproduced from the Body Corporate and Community Management Act 1997. This website does not give legal advice or other professional advice. You should seek legal or other professional advice before acting and not rely on any of the content on this website.

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