All Topics / General Property / Detached dual occupancy v Torrens title subdivision

Viewing 3 posts - 1 through 3 (of 3 total)
  • Profile photo of Naremburn123Naremburn123
    Member
    @naremburn123
    Join Date: 2008
    Post Count: 61
    May 5, 2011 - 7:24 am

    Hi guys,

    This may be a silly question. But what is the difference between a detached dual occupancy and a torrens title subdivision? 

    This question is for NSW.
     
    It seems like they both produce the same outcome. A block with one dwelling turned into a block with two dwellings. Any help or advice would be appreciated. 

    Cheers 

    Naremburn.  

    Profile photo of Jason700Jason700
    Member
    @jason700
    Join Date: 2011
    Post Count: 17
    May 5, 2011 - 7:31 am

    yeah dunno…. I reckno you should just google it no?

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213
    May 5, 2011 - 12:55 pm

    Dual occ is two dwellings on one title. This will mean one lender and you could only sell the 2 together. If they had separate titles you could take them to different lenders and sell them separately.

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

Viewing 3 posts - 1 through 3 (of 3 total)

You must be logged in to reply to this topic. If you don't have an account, you can register here.