A not-in-common-ownership (NICO) plan arises when a plan of subdivision includes two or more folios held by different registered proprietors. Use this guide when the plan has already registered without the associated transfer, creating NICO proprietorship that must now be corrected by lodging a paper Transfer of Land through a PEXA section 104 GRD workspace.
A not-in-common-ownership (NICO) plan arises when a plan of subdivision includes two or more folios held by different registered proprietors. Use this guide when the plan has already registered without the associated transfer, creating NICO proprietorship that must now be corrected by lodging a paper Transfer of Land through a PEXA section 104 GRD workspace.