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Company Title Management

The management of a Company Title building is a specialised field. The Strata Agency is proficient in the relevant legislation and statutory requirements including the Corporations Act and the Australian Securities and Investments Commission (ASIC).

The Strata Agency offers a range of services including:

• Facilitate the transfer of shareholdings;
• Administer and maintain the Share Register;
• Prepare and lodge annual returns as required by ASIC; and
• Provide advice in relation to the Company’s Constitution, Articles of Association and House Rules.

Before the introduction of strata title legislation in New South Wales in 1961, company title was the most common way of accommodating the horizontal subdivision of airspace.

Company title is a system of communal land ownership where a person becomes entitled to live in a unit in a residential home unit building by acquiring shares in an incorporated body (either a company or association) that owns the building, rather than by simply acquiring an immediate estate or interest in the land.

The purchase of shares in the company normally gives the shareholder a contractual right against the company confirmed by a licence or a lease from the company to the exclusive use and occupation of a specified part of the building – that is, a home unit and/or car space – and the right to use other parts of the property in common with other shareholders.

If you would like an obligation free management quotation please contact us