Subdivision is the division of one lot into two or more lots and/or the amalgamation of several lots into one lot.
There are several types of subdivision:
Freehold (Or 'Green-Title'), where a parcel of land is privately owned in its own right and there isn't any shared land in common ownership.
Survey-Strata Scheme, where a lot and associated common property are shown on a registered survey-strata plan. A survey-strata lot is a common form of strata that divides a property based on the land only and not by the buildings on a site. A survey-strata may, or may not, have common property (i.e. a common driveway), and like other forms of strata may also have by-laws and a strata company.
These are the types of subdivision referred to for the remainder of this web page however there is one more type of subdivision referred to as a Strata Scheme (or Built Strata). This type refers to the subdivision of a building (by cubic space) and on occasion the land around it into lots. For further information on this particular type of subdivision, please click here.