Anonymised property matter
Buying a company title property
- Transaction
- Purchase
- Jurisdiction
- NSW
- Focus
- Company title property in NSW
Situation
The client’s situation
A client wanted to buy an apartment held through shares in a company rather than ordinary strata title. Their lender and broker initially treated the purchase like a standard strata acquisition.
How Aquarius Lawyers helped
The legal response
We reviewed the company constitution, share rights, occupancy arrangements, approval requirements, financial records and restrictions on transfers and mortgages. We also coordinated with the lender because company-title security can differ from ordinary Torrens title.
Documented outcome
The documented outcome
The client proceeded only after the transfer and lender requirements were aligned and the practical restrictions were understood.
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