For a non-lawyer, reading legislation is not an enjoyable process (specifically Body Corporate and Community Management Act and Body Corporate and Community Management (Specified Two-lot Schemes Module) Regulation 2011.) I want to redevelop a site into three townhouses, one small lot home, and the other two on a community title/strata scheme. This is to reduce the extra costs of subdivision due to the need to provide separate utility services to each town house. Have I understood the 'Specified Two-lot schemes' correctly, in that this type of redevelopment could fall under this part of the legislation? Is does seem clear that a Body Corp Committee, and Body Corp meetings are not required for a Specified Two-lot scheme (s111D), but does a Specified Two-lot scheme require admin and sinking funds to be established (as they are for larger strata plans)? Since I want to retain all townhouses, I don't want to have to contribute to a sinking fund as this would lock up my funds. Is a formal body corporate manager required (even if it is an owner of one of the lots)? It seems not... How much does it cost to set up the documentation and register a two lot scheme?