On 11 October 2021, the Real Property Amendment (Certificates of Title) Act 2021 commenced, which abolished the Certificates of Title (CTs) and the control of the right to deal (CoRD) framework. All existing CTs have been cancelled and CTs will no longer be issued. Existing CTs will not need to be produced, and CoRD holder consent will not be required, for a dealing or plan to be registered. All existing Guidelines subject to this change are currently being reviewed and will be updated to reflect these changes. For further information regarding the abolition of CTs, please see https://www.registrargeneral.nsw.gov.au/property-and-conveyancing/eConveyancing/abolition-of-certificates-of-title

Expiring the leases

Upon the leases being determined or reaching their expiration date:

  • the strata scheme will be terminated
  • the owners corporation is dissolved
  • all rights and liabilities in regard to the owners corporation are now vested in the former owner(s)
  • NSW LRS will, as soon as practicable cancel all of the relevant titles and record an appropriate notification on the former title for the parcel.

In regard to the expiration of leases see section 148 - 150 Strata Schemes Development Act 2015.