Why is Company Title Ownership an Important Concern in Conveyancing?

1. Why is Company Title Ownership an Important Concern in Conveyancing? Company Title properties are not your standard home purchase. They look like regular apartments on the outside. However, behind the scenes, they follow a different set of legal rules. This difference matters when you’re dealing with Sydney conveyancing. At Paul Denny Conveyancing, we often see buyers surprised by the added layers of scrutiny required when handling Company Title units. It's about control, restrictions, and approvals that don't apply to other forms of property ownership. What is Company Title? Company Title means you are not buying the unit itself; you’re buying shares in a company that owns the building. Those shares give you the right to occupy a specific unit. So, you are technically a shareholder, not a direct property owner. This system was more common before Strata Title came into play in the 1960s. While it still exists, it’s now relatively rare. But that rarity doesn’t make the process any easier. In fact, it can make it more complex.

2. Conveyancers in Sydney

3. How does it Affect Sydney Conveyancing? Your conveyancer checks the title, ensures there are no legal issues, and guides the process from start to finish in a regular property transaction. They also need to review the constitution of the company that owns the building with the Company Title. That’s because the company has a board, which decides whether you’re approved to live in the unit, even after you’ve signed the contract. That approval is not guaranteed. This added step means longer waiting times and a higher chance of rejection. It also means reviewing different documents that most buyers haven’t seen before. Your Sydney conveyancing expert needs to go beyond the surface and examine the company rules thoroughly. What You Need from a Conveyancer? Not every conveyancer has deep experience with Company Title matters. At Paul Denny Conveyancing, our team explains what you’re signing up for. We go over everything, including the shareholder agreement, company constitution, and occupancy rights, so you’re not left in the dark.

4. Conveyancing services

5. Before signing, we make sure you know whether the property suits your goals. Whether you’re looking to live in it or rent it out, the company’s rules could block your plans. Conveyancing in NSW has different layers depending on the type of title. Company Title adds one more, and it’s not a small one. That’s why this issue deserves focused attention from the start. Final Thoughts Company Title ownership changes how you buy, live in, and manage property. It adds board approvals, restrictions, and a whole other legal structure into the mix. These are major concerns in Sydney conveyancing and they shouldn’t be overlooked. If you're unsure whether a Company Title unit is right for you, we can help. At Paul Denny Conveyancing, we guide buyers through the specifics of every title type, including the fine print others might miss. We bring experience across all types of conveyancing in NSW to support your decision with clarity and care.

6. For more information Visit at: https://www.pauldenny.com.au/ Contact Us: Paul Denny Conveyancing Address: Longueville Road, Lane Cove NSW 2066 Phone: 02 9429 0000 Email: enquiries@pauldenny.com.au