Buyer Proceeded With a Clearer Company-Title Position
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
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.
The result
The client proceeded only after the transfer and lender requirements were aligned and the practical restrictions were understood.
What this story shows
Company title is not simply old strata. The buyer acquires shares and occupancy rights governed by company documents, so due diligence must cover corporate rules as well as the physical apartment.
This is an approved, anonymised success story about a matter handled by Aquarius Lawyers. It is general information, not legal advice. The facts, contract and law applying to another transaction may produce a different outcome.