- Administrator
Person entitled to administer a deceased or represented person’s estate. The administrator
must administer the estate in accordance with the provisions of the Administration
and Probate Act 1958 or the Guardianship and Administration Act 1986.
- Adverse possession
Adverse possession is a legal rule that enables the occupier of a piece of land
to obtain ownership of it if they can prove uninterrupted and exclusive possession
of the land for at least 15 years.
- Caveat
A caveat is a document any person with a legal interest in a property can lodge
with Land Use Victoria. After registration, a caveat note appears on the title giving
prospective buyers notice that a third party might have rights over the property.
- Certificate of title (Registered Search Statement)
A document that is a printed duplicate of an electronic record contained in Victoria's
online land titles register. In most cases you will need to produce the certificate
of title when lodging a dealing at Land Use Victoria.
- Conveyancing
The legal process to transfer a property from one person to another.
- Council Property Number
This is a number assigned by your local council which identifies your property.
This number is displayed on your current rates notice from your council.
- Covenant
A covenant is a written agreement between the seller and purchaser of a piece of
land restricting what the land can be used for. For example restricting the type
of building material the purchaser can use.
- Crown land
Crown land is land that is owned by the government. Crown land is usually set aside
for a specific public purpose. When Crown land is released to the public, it is
said to be alienated from the Crown and a Crown Grant in the name of the purchaser
is issued.
- Dealing
Any form together with supporting documents lodged at Land Use Victoria.
- Discharge of mortgage
A discharge of mortgage is a type of dealing lodged at Land Use Victoria, usually by
a bank or financial institution, after a mortgage has been repaid. On registration,
reference to the mortgage is removed from the title.
- Easement
An easement is a right held by someone to use land belonging to someone else for
a specific purpose. Common examples of easements are drainage, water pipe and carriageway
easements.
- Electronic Conveyancing (EC)
EC is an online system used by conveyancers, solicitors and financial institutions
on behalf of their clients (vendors and purchasers) to conduct financial property
settlements, lodge and register property transactions, and pay duty and land tax.
- Encumbrance
An encumbrance is an interest in a piece of land by someone other than the registered
owner. Encumbrances place limitations on a property. Examples include mortgages,
easements, leases and restrictive covenants.
- Executor
A person appointed to execute the will of a person who has died and is entitled
to deal with that deceased person’s estate.