We are looking at subdividing in Tassie and building 3 units.
I understand that we need to get a planning permit including subdivsion permit and then get a building permit, but at what stage do you get your titles for each of the units??
apap…Depending on who is responsible for listing all the conditions that need to be met (eg…for strata subdivision it should be the local council and for green title subdivision it should be the relevant govt. department)…once all these conditions are met, then the title is usually created and made available for dealing…
Some of the conditions imposed may include the requirement to have services such as water, sewer, and electricity available and/or connected, etc.
It can vary from 3 months to longer ( if you are building as well), depending on what type of subdivision you are doing.
If you get in touch with a local surveyor experienced in doing subdivisions, they will probably be in a better position to give you a more accurate estimate on the time required, given their knowledge of your local area ( ie…Tassie)
kp
Why is getting the title so important?
Cheers Richard
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The reason why I’m interested is because as soon as they are on their own title they have a real value should I choose to sell them, and additionally just to understand the process…
And also importantly I would like to having a different entity (a trust) owning the new units, I thought the trust could buy the land and then build. Without the separate titles the trust cant buy the land on its own…
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