Should I purchase a company title property?

Company title is a term used to describe a conventional property title that is held by a company. The shareholders of the company have a right to occupy a part of the building or land in accordance with the constitution of the company. The company is the registered proprietor of the land.

A common misconception when purchasing a company title property (typically, though not always, an apartment) is that you are acquiring the property.

What you are actually acquiring is a share (or shares) in the company which is the registered proprietor of the property with the right to occupy a part of the property (for example, the apartment).

A client approached me the other day with a contract for a company title apartment. Her question to me was, "Is it a good idea for me to buy a company title property?".