Having undertaken a title search of a property in WA, it reveals that it is a "Share Title", the owners' details are for the entitites of one half of the nominated lot. How do I find the owner of the other half? @thatbum @lixas4 @bmc That's not an issue that I have encountered in the eastern states as all owners are listed on title and this one is described as a "Share title" and nominates the owner of the share of the land. There do not appear to be other titles involved but I require dthe details of the other owner (I know who they are but I need the proof.
Sorry @Scott No Mates, dont know WA. My suggestions would be calling their titles office (landgate?), a professional title searching company (we use Global x/urbispro - i believe they are national), or speak to a local conveyancer/surveyor. There is a WA surveyor on here who posts every now and then, but cant remember his username. @Westminster might know?
The property is in the Perth CBD, runs between St G Tce & Hay St, has multiple tenants with registered leases. They're unrelated parties with equal % ownership, so the use purple title (tenants in common/indivisible share of the land) is a possibility. That still leaves the question of why both of the 50% owners' entities don't appear on the one title search. Thanks @lixas4
Unusual. That area would be old enough to have a purple title. You'd probably have to give more information for the brains trust to solve it but I understand not wanting to do that. What does rpdata say about it? I'd say it's more of a legal thing than a surveyor thing but who knows. @Joel Carter is a Perth surveyor and might be able to help. If you want a local property lawyer let me know.
Hi Scott, This is a shared purple title where there are different title numbers with the same land description. We have an in-house licensed settlement agency (TLD Settlements - 'TLD' short for The Land Division) that can point you in the right direction or assist you with obtaining the proof you require / ordering the other title. Regards Joel Carter
Thanks @Joel Carter - now I'm intrigued how it can have the same Lot/DP but different title numbers (I haven't come across this before). Would shared purple title be used for joint ownership of a major CBD asset?
Yes its possible for purple title / tenants in common in CBD property (historical way of doing things). From Landgate – “Purple title refers to an ownership of an undivided share in a property. It’s not commonly used anymore, some retirement villages or multi story flats (for example) offer residents an undivided share in the complex.” From REIWA – “Purple Title refers to land held as Tenants in Common, the shares being in the same number as the units. Separate title may be issued for each unit. The land cannot be divided or partitioned though because of the “unity of possession". The sketch and lot number is for the whole of the land in the plan or diagram. The Certificate of Title states the number of undivided shares contained and the sketch of the land used to be shaded purple - thus "purple title".”
Thanks @Joel Carter, that's what I got from the REIWA site as well. The building in question is one of the more prominent commercial buildings in Perth so am now wondering why it would have remained under a PT if it was built in the late 80's/early 90's?