Plan of Subdivision

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About SOCM

An Owners Corporation is automatically created when a plan of subdivision containing common property is registered at Land Victoria.

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Land Victoria registers and records Owners Corporation applications. The plan of subdivision shows the parcels of land that can be sold separately. These are called ‘lots’.

Lot owners are the members of the Owners Corporation for the subdivision. More than one Owners Corporation can be created in a subdivision of land or buildings.

Each lot’s entitlement and liability is set out in the Plan of Subdivision. Lot owners are charged their share of annual fees according to their lot liability.

To find out more, download our PDF at the link below.

Trusted Experience

Our reputation has been built on consistent delivery, clear communication, and strong client relationships. Many clients continue working with SOCM long after their initial engagement.

“They use contemporary financial and document management systems that we find easy to use and have provided valuable guidance on managing issues and improvement projects.”
Committee member

“Our OC have been associated with SOCM for over 9 years. Sarah and her team have been fantastic providing us with great communication and service. The support we have been given running our OC has been second to none.”
Committee chair

“The advice was honest and transparent and his communication prompt and thorough.”
Lot owner

“Their proactive approach and attention to detail have resulted in swift and effective resolutions with a number of issues. We appreciate their commitment to maintaining the integrity of our property and ensuring the safety and comfort of all residents. Communication has been commendable, keeping residents informed every step of the way.”
Committee chair

“SOCM has been highly professional in their dealings with us. Their response time has always been prompt and their approach consistently courteous.”
Lot owner

4.6

Based on 104 reviews

We’re always here for you

Please feel free to contact us in relation to any aspect of Owners Corporation.