Changes to Subdivision Certificates and Valuer’s Certificates

December 5, 2019

Changes to Subdivison Certificates from 1 December 2019

From 1 December 2019, Section 6.15 of the Environmental Planning and Assessment Act 1979 will replace Section 109J and outline the restrictions on the issue of Subdivision Certificates.

All Subdivision Certificates within Deposited Plan and Community Plan Administration Sheets that are lodged with NSW LRS and dated on/or after 1 December 2019 must use the updated Administration Sheet that reflects this legislative change.

Details of are available on LRS website: click here for more information.

 

Changes to Valuer’s Certificates from 1 January 2020

NSW Land Registry Services (NSW LRS) will introduce new lodgment requirements for Valuer’s Certificates for strata and community plans in 2020.

From 1 January 2020, a Valuer’s Certificate must provide additional identification information and the date on which the valuation was made.

These changes will assist parties to identify the qualified valuer who completed the Valuer’s Certificate for strata and community plans and follows consultation with industry practitioners.

NSW LRS has released a new Approved Form 18 for Strata Plans, Approved Form 9 Community Plan and Strata Plan Administration Sheet 3.07, available in the online Forms Library under Strata Scheme Forms and Community Scheme Forms.

Details of are available on LRS website: click here for more information.

 

Disclaimer: The information herein has been prepared by SAI Global Property Division Pty Ltd ACN 089 586 872 from information released by the Authority cited on this page. It is provided as general background information only; it is not complete; and it does not comprehensively address this subject matter. Readers should not consider the information so provided as advice nor as a recommendation to take any particular course of action. Persons needing advice should consult their own solicitor, accountant or other professional adviser.

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