sec.54DRegistration of building management statement

### sec.54D Registration of building management statement When registering a building management statement, the registrar must record a reference to the statement on the indefeasible title for each lot to which the statement relates. However the registrar is not obliged to examine, but may examine, a building management statement for its validity, including, in particular, its consistency with any plan of subdivision, or its compliance with the requirements for a building management statement. A registered building management statement binds the successors in title to the registered owner of each lot to which the statement applies. s 54D ins 1997 No. 28 s 295 sch 3 amd 2019 No. 7 s 226 (sec.54D-ssec.1) When registering a building management statement, the registrar must record a reference to the statement on the indefeasible title for each lot to which the statement relates. (sec.54D-ssec.2) However the registrar is not obliged to examine, but may examine, a building management statement for its validity, including, in particular, its consistency with any plan of subdivision, or its compliance with the requirements for a building management statement. (sec.54D-ssec.3) A registered building management statement binds the successors in title to the registered owner of each lot to which the statement applies.