NSWIn ForceAct
Strata Schemes Development Act 2015
26Registration and effect of dealings
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#### 26 Registration and effect of dealings
26 Registration and effect of dealings
> > (1) As soon as practicable after accepting a dealing under section 25, the owners corporation must lodge the dealing evidencing the transaction for registration under the [Real Property Act 1900](/view/html/inforce/current/act-1900-025).
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> > (2) The dealing must be accompanied by a certificate, in the form approved by the Registrar-General, under the seal of the owners corporation certifying that the owners corporation authorised the dealing by special resolution.
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> > (3) If the dealing is a transfer of land, it may be registered only if a plan showing the transferred land and the original parcel as a single lot is registered under the [Conveyancing Act 1919](/view/html/inforce/current/act-1919-006).
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> > (4) On the registration of an accepted lease or sublease, the leasehold interest becomes common property.
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> > (5) On the registration of a transfer of land, the land becomes common property.
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> **s 26:** Am 2021 No 10, Sch 3.21\[2\].