Section 13
Common property
of Land Titles (Strata) Act 1967
(1)
On registration of the strata title application the Registrar must enter a memorial in the land-register on the volume and folio of the parcel to the effect that a subsidiary strata land-register has been created, and thereupon the common property is held by the subsidiary proprietors as tenants-in-common proportional to their respective share value and for the same term and tenure as their respective lots are held by them.
(2)
The Registrar on issuing a subsidiary strata certificate of title for a lot must certify therein the subsidiary proprietor’s share in the common property, but no subsidiary strata certificate of title is to be issued for the common property.
(3)
Any share in the common property must not be disposed of except as appurtenant to the lot of the subsidiary proprietor and any assurance of a lot operates to assure the share in the common property appurtenant to that lot without any express mention in the assurance.
(4)
The certificate of title comprising the parcel must be retained by the Registrar after the issue of the relevant subsidiary strata certificates of title.
(5)
Where the subsidiary strata certificates of title were issued before 15 April 1976, the duplicate certificate of title comprising the parcel may be deposited with the Registrar.