THE GREAT CROSS-LEASE CONVERSION
While there have been calls for a law overhaul allowing owners of these titles to be able to convert them to far more desirable, cleaner fee simple titles, little has happened at a political level.
Cross-leases were originally a workaround on subdivision restrictions, and provide a standard-form set of land covenants between neighbours.
In small developments, they are often preferable to unit titles, especially given the lack of clarity in many areas of unit title law.
Cross-lease properties can be
