Certificates of title

Company titles and moiety titles

Company titles were used before 1967 for groups of units and flats and, although they are no longer common in South Australia, some still exist. There are two main types company titles and moiety titles.

Company titles

A company is registered on the certificate of title as the sole owner of the land a group of units sits on. Owners are issued with a share certificate in the company. Each unit owner has the exclusive right to occupy their unit and have the right to use common areas. When a unit is sold the share certificate is transferred to the buyer.

Moiety titles

In a moiety title, sometimes referred to as a cross lease, the ownership of a unit comes from being the registered owner of a share of the land the group of units sits on. The owner is leasing the right to occupy their unit, along with the right to use common areas, from the other unit owners.

Converting company titles and moiety titles

Most company and moiety titles can be converted into either a community title or a torrens title. This can make the administration simpler and may increase the value of the property.

If you are considering converting a company or moiety title it is strongly recommended that you consult a professional surveyor and conveyancer or solicitor due to the complex legal nature of the transfer.


Related information

On this site

Glossary of property terms
Contract terms and conditions
Researching a property

Downloads

Company titles fact sheet (26.8 KB PDF)
Strata and community titles fact sheet (24.1 KB PDF)
The land division process fact sheet (468.2 KB PDF)

For an alternative version of these documents contact Land Services.


Was this page useful?

Take a moment to tell us why. If you need a response send an enquiry instead.


Page last updated 5 October 2016

Provided by:
Department of Planning, Transport and Infrastructure
URL:
http://www.sa.gov.au/topics/planning-and-property/certificates-of-title/company-titles-and-moiety-titles
Last Updated:
05/10/16
Printed on:
20/11/17
Copyright statement:
SA.GOV.AU is licensed under a Creative Commons Attribution 3.0 Australia Licence. © Copyright 2016