Steps to Unit Titling your RZ1 Property
If you're looking to unit title your RZ1 property, understanding the process is essential. The process involves several key steps, from engaging a licensed unit title assessor to the final registration at Land Titles. The process can be confusing, but the key steps are:
Before you can unit title your property, you must have a set of plans approved through the Development Approvals process. Even if you have two existing properties, they will need to be reassessed to ensure that the comply with the required rules and regulations.
The next step is to hire a licensed unit title assessor. This professional will work with you to ensure your development complies with all necessary requirements. They will prepare a unit title assessment report (UTAR), which is crucial for the application. You’ll need to provide key details such as the property to be subdivided, the type of units, and relevant development approvals.
The assessor will compile all required documentation, which may include conducting site inspections and reviewing development approval details. They will assess everything, from the building’s alignment with approved plans to landscaping compliance.
Once the UTAR is complete, the unit title assessor will provide it to you. It’s important to review the report carefully to ensure all aspects of your development are compliant before submission.
Once you have a complete and accurate UTAR, submit it to the Environment, Planning, and Sustainable Development Directorate (EPSDD) for review. They may request additional information, but having a thorough UTAR will help streamline the process.
The final step is registering your unit titles at Land Titles, making the units legally recognized as separate properties.
Engaging a professional assessor and ensuring your development aligns with all requirements can save you time and avoid complications later in the process.
Our information is sourced from the ACT Government Website.
To understand the investment required to unit title your block, please use our Dual Occupancy - Lease Variation Calculator.
For assistance lodging the Lease Variation in the Land Titles Office, we can refer you to Darren Carden at Eastwoods Legal