We are an acreage body corporate. If all 7 lot owners agreed, could we terminate our scheme and become individual freehold lots with easements or such to share the road maintenance etc?
We are an acreage body corporate comprising 7 lot owners. The common property comprises 2 access roads to individual properties, 2 automatic gates and 2 intercoms. If all 7 lot owners agreed, could we terminate our scheme and become individual freehold lots with easements or such to share the road maintenance etc?
Yes, this is possible provided you are also able to obtain the necessary council consents and reach agreement with the owners for all remaining termination issues.
Todd Garsden Mahoneys E: tgarsden@mahoneys.com.au P: 07 3007 3753
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Todd is an experienced property lawyer who heads up Mahoneys body corporate team.
Todd specialises in body corporate law and predominantly acts for bodies corporate, body corporate managers and lot owners on all matters affecting bodies corporate.
Todd is an active member of the Strata Community Association (Qld). In 2019 he was appointed to the Strata Community Association (Qld) legislation committee and assists in making submissions on behalf of the Strata Community Association (Qld) on issues such as legislative reform in body corporate law.
As Todd is also a body corporate committee member, he understands the day to day requirements of administering a body corporate.
Todd has a focus on achieving practical and commercial results for his clients and understands the market in which bodies corporate operate within.
Todd also provides body corporate managers, and other industry stakeholders, with presentations and training on matters affecting the body corporate industry.
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