Form 34 Extinguishment of Building Management Statement - Queensland, Australia

Form 34, the Extinguishment of Building Management Statement, in Queensland, Australia is used to remove or cancel a Building Management Statement (BMS) that has been previously registered on a property title. A BMS is a legal document that outlines the rights and responsibilities of building managers and owners within a managed complex, such as a multi-unit residential building or a commercial complex. However, there may be circumstances where it becomes necessary to extinguish or terminate the BMS. Form 34 is the official form used to initiate the process of extinguishing the BMS and removing it from the property title records. It is typically filed by the registered owner(s) or their representative(s) with the Queensland Titles Registry.

In Queensland, Australia, the Form 34 Extinguishment of Building Management Statement is typically filed by the party who wishes to terminate the Building Management Statement. This could be the registered owner of the building, the body corporate representing the owners of the building, or any other party with the legal authority to do so. It is best to consult with a legal professional or seek guidance from the Queensland Government's Department of Natural Resources, Mines and Energy for specific instructions on filing the Form 34.

FAQ

Q: What is a Form 34 Extinguishment of Building Management Statement?A: Form 34 Extinguishment of Building Management Statement is a legal document in Queensland, Australia that is used to remove or cancel an existing building management statement (BMS) registered on a property.

Q: What is a Building Management Statement (BMS)?A: A Building Management Statement (BMS) is a legal document that sets out how a building is managed and operated, typically in strata or community title schemes.

Q: Why would someone need to submit a Form 34 Extinguishment of Building Management Statement?A: There are various reasons why someone may need to submit a Form 34 Extinguishment of Building Management Statement, such as when there is a change in the building's management structure or when the BMS is no longer required.

Q: Who can submit a Form 34 Extinguishment of Building Management Statement?A: Typically, the registered owner(s) or their legal representative(s) have the authority to submit a Form 34 Extinguishment of Building Management Statement.

Q: What information is required to be included in a Form 34 Extinguishment of Building Management Statement?A: A Form 34 Extinguishment of Building Management Statement requires details such as the property information, details of the BMS being extinguished, and the reasons for extinguishing the BMS.

Q: Are there any fees associated with submitting a Form 34 Extinguishment of Building Management Statement?A: Yes, there are fees associated with submitting a Form 34 Extinguishment of Building Management Statement. The current fees can be obtained from the Queensland Government's Office of the Registrar of Titles.

Q: What is the process after submitting a Form 34 Extinguishment of Building Management Statement?A: Once a Form 34 Extinguishment of Building Management Statement is submitted, it will undergo processing and review by the relevant authorities. If approved, the BMS will be removed or cancelled from the property's records.

Q: Can the decision to extinguish a Building Management Statement be contested?A: The decision to extinguish a Building Management Statement can be subject to certain processes and requirements, and it may be possible for interested parties to contest or object to the extinguishment.

Q: Is it necessary to seek legal advice when submitting a Form 34 Extinguishment of Building Management Statement?A: While it is not mandatory to seek legal advice, it is recommended to consult with a legal professional who specializes in property law to ensure the process is handled correctly and to address any potential legal implications.