Subdivison in Brisbane with Partner

Discussion in 'Development' started by Jtin, 19th Sep, 2018.

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  1. Jtin

    Jtin New Member

    Joined:
    19th Sep, 2018
    Posts:
    3
    Location:
    Brisbane
    Hi,
    I have a question to ask.
    If I applied for a development approval for 2 properties (1 owned by myself and 1 other owned by the partner) as 1 application and some of the lots are created over the existing boundary (new lots consist of land comprised of each party's existing land), who does it belong to at the end of the approval and development of the land?
    Is this just agreed upon by both parties or it's automatically the owner who has the majority of the land within that lot?
    Sorry if it's a bit wordy, hard to explain over the internet.
    Thanks
     
    Jtin, 19th Sep, 2018
    #1
  2. hobartchic

    hobartchic Well-Known Member

    Joined:
    11th Sep, 2017
    Posts:
    1,513
    Location:
    Hobart
    Get some legal advice.
     
    hobartchic, 19th Sep, 2018
    #2
  3. JDM

    JDM Well-Known Member

    Joined:
    19th Jan, 2016
    Posts:
    465
    Location:
    Brisbane
    Assuming you don’t have a development agreement in place, anything created from your land will be yours and anything created from the neighbours land will be theirs. Anything created from a mixture will be shared or dealt with in accordance with your joint venture agreement.
     
    JDM, 19th Sep, 2018
    #3
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