A building format subdivision (previously referred to as strata titling) is a form of subdivision applying to developments like units, apartment buildings, duplexes and some forms of commercial or industrial tenancies.
A building format subdivision establishes titles to allow separate ownership over parts of buildings or properties. It also establishes a common property.
Community Management Statement (CMS)
Where a building format subdivision involves common property, a Community Management Statement (CMS) is created to identify how the common areas are designated and used.
Building format subdivision endorsement
To complete a building format subdivision, a building format plan will need to be prepared by a licenced land surveyor, with a CMS. These documents will need to be submitted to us for review and endorsement.