common property

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Common ownership refers to holding the assets of an organization, enterprise or community indivisibly rather than in the names of the individual members or groups of members as common property.
Forms of common ownership exist in every economic system. Common ownership of the means of production is a central goal of communist political movements as it is seen as a necessary democratic mechanism for the creation and continued function of a communist society. Advocates make a distinction between collective ownership and common property as the former refers to property owned jointly by agreement of a set of colleagues, such as producer cooperatives, whereas the latter refers to assets that are completely open for access, such as a public park freely available to everyone.

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    NSW Property Law - Giving Owners Access to Locked Bollard?

    A locked bollard was installed on a BA approved car wash. The residents don't have the key - someone on the committee does, but it means that this is common property and the owners don't have access to it. It was voted at a meeting to install the bollard. Is this legal and what can be done to...
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    VIC Parking on Common Property DIsagreement - Council Involvement Allowed?

    I own a unit in a set of 4 units, and parking on common property right next to ones garage has been going on for many years without any complaints. All units have tenants in them except for the owner of one unit which was purchased 2 years ago and is owner/occupier. As there is no official OC...
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    VIC Owners Corp- parking and model rules

    We live in an 11 Townhouse complex. Our townhouse (unit 5 )and a neighbour (unit 6) are located at the end of the common roadway , at a T- intersection end of that roadway. As such, we do not have driveways...although ALL the other townhouses , which face onto the roadway DO have a driveway...
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    WA Right of carriageway Levels and Responsibilities

    I own a strata lot in which a few of us are currently building on. On both my own and my neighbors lot we have garages which will essentially be side by side but separate structures and abutting a retaining wall (170mm difference in height between property currently). On my land I have common...
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    NSW Common Property - Asking Strata to Send Info Before a Vote?

    Hi there I am an apartment owner in Sydney and I am having an issue with my Strata. In short, I have installed a split system air con with a compressor on my balcony and now they are asking me to remove it. Yes I did not seek permission, but in what I think were reasonable circumstances, and...
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    NSW Uapproved Air-conditioner Installation - Recourse Under Property Law?

    Hi there I own a property investment apartment being managed by a real estate agent. The ducted air conditioner compressor broke and the real estate agent organised for his AC technician to give me a quote for repair. A replacement unit would have required moving a wall in the apartment because...
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    VIC Common Property - Does Unit Owner Have Half Ownership?

    There are two units on the land where I live. Both units' septic tanks drain onto my part of property. On the title, this is common property. There is no body corporate, no strata title. Our insurance is separate. Recently we had the sewage connected to both units and now the septic tanks are...
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    VIC How to Have Caravan Removed Off of Common Property?

    Needing help re common property with no body corporate. What are my rights? I reside and own the back unit. The front unit is tenanted. The tenants have placed an unregistered caravan on common property with an overhang in the airspace over the driveway. I did receive a text message from the...
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    WA Strata Company Making Changes to Common Property Without Permission?

    Hello, I'm interested to know if a Strata Company can make changes to common property without the approval of all owners. In my situation, there are 3 car bays with the middle one belonging to me as an allocated car bay on the registered strata plan. They use to be exclusive use but...
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    Owners Corporation and Common Property - Can I Sue Strata Insurance?

    I own an apartment as part of the owners corporation. This OC has a Strata insurance plan for the common property. My apartment building wall, as part of common property, suffered a water damage but the insurer refused the claim. Can I sue the insurer? I was told I have no direct contract...
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