Chapter 4 - Subdivisions Of Land And Title Registration Flashcards

1
Q

When the approving authority is deciding on a subdivision, what must be considered

A

If the subdivision is in the public’s interest

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2
Q

Define “ a table included in the strata plan that sets out each owners proportionate interest in the common property”

A

Schedule of Unit entitlement

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3
Q

To create a strata development what must a developer do?

A

Subdivide a building or land into strata lots together with common property by depositing a “strata plan” at the land title office

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4
Q

The torrens system stating the guarantee that the registered title of an innocent purchaser cannot be set aside even by the claim of a previous rightful owner who list their interested due to fraud is known as?

A

Indefeasibility principle

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5
Q

What is the note placed on a certificate f title by a person claiming an estate or interest in the land that prevents all dealings called

A

A Caveat

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6
Q

How long is a caveat valid

A

2 months

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