Western Australian Current Acts

STRATA TITLES ACT 1985 - SECT 8

8 .         Freehold schemes and leasehold schemes

        (1)         A strata titles scheme may be —

            (a)         a freehold scheme; or

            (b)         a leasehold scheme.

        Note for this section:

                All schemes created under this Act before the commencement of the Strata Titles Amendment Act 2018 are freehold schemes.

        (2)         In a freehold scheme —

            (a)         there is no separate title for the parcel subdivided by the scheme; and

            (b)         each lot is a freehold lot; and

            (c)         the parcel cannot be dealt with (including by registration of a mortgage) or disposed of under the Transfer of Land Act 1893 .

        (3)         In a leasehold scheme —

            (a)         there is a separate title for the parcel subdivided by the scheme; and

            (b)         each lot in the scheme is a leasehold lot subject to a strata lease; and

            (c)         the scheme expires on a specified day (the expiry day for the scheme); and

            (d)         the expiry day must be a day that is —

                  (i)         at least 20 years (or, if some other period is specified in the regulations, that period) after registration of the scheme; and

                  (ii)         not more than 99 years after registration of the scheme;

                and

            (e)         the expiry day will be specified in the scheme notice; and

            (f)         within the parameters set out in paragraph (d)(ii), leasehold by-laws for the scheme may provide for postponement of the expiry day; and

            (g)         if leasehold by-laws provide for postponement of the expiry day, the expiry day may be postponed if the postponement is within the parameters set out in paragraph (d)(ii) and is supported by a resolution under section 41; and

            (h)         the expiry day is postponed when an amendment of the scheme notice is registered giving effect to the postponement; and

                  (i)         the registered proprietor of the parcel (the owner of the leasehold scheme ) is entitled to the reversion in the land on the expiry or termination of the scheme; and

            (j)         the existence of the leasehold scheme and its expiry day must be endorsed on the certificate of title for the parcel; and

            (k)         the owner of the leasehold scheme is the lessor and the owner of a lot in the scheme is the lessee under the strata lease for the lot; and

            (l)         the owner of the leasehold scheme may be the owner of a lot in the scheme despite any law relating to the merger of leasehold and reversionary estates in land; and

            (m)         the owner of the leasehold scheme cannot separately deal with or dispose of the reversion in a lot or the common property of the strata titles scheme; and

            (n)         the reversion in the parcel can be transferred, disposed of or mortgaged as a whole, and a memorial or property seizure sale order can be made in relation to the reversion of the parcel as a whole under the Transfer of Land Act 1893 , but no other dealings can be registered under that Act against the reversion in the parcel.

        Note for this subsection:

                For the scheme notice, see section 29. For leasehold by-laws, see section 40.

        [Section 8 inserted: No. 30 of 2018 s. 83.]

[ 8A-8C.         Deleted: No. 30 of 2018 s. 82(b).]