NSWIn ForceAct
Strata Schemes Development Act 2015
18Effect of conversion of lots in leasehold strata scheme
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#### 18 Effect of conversion of lots in leasehold strata scheme
18 Effect of conversion of lots in leasehold strata scheme
> On the registration of a notice of conversion for a leasehold strata scheme—
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> > (a) the lease of a lot converted into common property is determined, and
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> > (b) the lot vests in the owners corporation as lessee for the remainder of the term specified in the lease of the common property.