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s 26N

Definitions

In force
Part IVBEstate development
Division 1Preliminary

26N Definitions

(1)

In this Part, unless the contrary appears:

approved means approved by the Minister.

common property means the common property of the estate management corporation.

developer, in relation to an estate development, means the registered proprietor of an estate in fee simple in, or a lease from the Crown of, the parcel the subject of the estate development and includes a mortgagee in possession and a purchaser from a mortgagee in possession.

disclosure statement means a disclosure statement referred to in section 26Q(3), and includes such a statement as varied under this Part.

lot means a lot into which the Estate is or is to be subdivided in pursuance of this Part.

Estate means the parcel subdivided or to be subdivided in pursuance of this Part.

(2) In this Part a reference to the proprietor of a lot includes a reference to the proprietors of units and common property into which a lot is further subdivided under this Act and a reference to a lot includes a reference to such a unit and common property.

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