You will need this approval if you intend to subdivide a parcel of land for:
- class A or class B units
- unit subsidiaries
- common property.
Class A units are usually contained within the one building, such as an apartment block, and the titles are separated by walls and ceilings. Class B units are usually found at ground level and can be identified by the boundaries of the property on the land the unit sits on. Unit subsidiaries are areas that are contained in the title a person may own that are separate to the actual unit they purchase (for example, a car parking space).
This approval only applies if the remaining term of the parcel's lease is at least 50 years. An approval may provide for development of all or some of the units and unit subsidiaries - this is referred to as a staged development. If you plan to make any amendments to your unit title application that provides for staged development, then you must apply for approval to do so.
If your application is successful you will also need to register your unit plans with the Agency. The Agency must be also notified of any changes to this plan, including damages incurred other than during demolition. If you intend to make minor alterations to the internal boundaries of common property (for example, a driveway or car park) you must also apply for Agency approval.