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ARTICLE · 17 JANUARY 2016

New WA strata title law - opportunity for developers

Clayton Utz
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The Western Australian Government will introduce legislation to amend the State's Strata Titles Act.

AustraliaReal Estate and Construction
Simon Taskunas
Simon Taskunas
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The Western Australian Government has announced its intention to introduce legislation within the next six months to amend the State's Strata Titles Act.

This will have business implications for property developers and financiers involved in residential and mixed use property development projects in WA.

Following an extensive period of industry consultation, the Government has confirmed that the current law will be changed in the following key areas:

  • Two new types of strata title will be introduced: Community Title and Leasehold strata schemes.
  • More flexibility for staged strata development.
  • New information to be given to buyers before they sign a strata purchase contract

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