Real Estate

What is unregistered parking lot in my property tax?

  • Last Updated:
  • Nov 29th, 2019 8:02 pm
[OP]
Sr. Member
Mar 31, 2017
544 posts
495 upvotes

What is unregistered parking lot in my property tax?

Hi Friends,

I am having trouble to define ownership of parking lot which I bought with my home.

It is not there in my land transfer documents but in my property tax documents it is mentioned as “unregistered”.
Exactly what does it indicate?

My lawyer says it is exclusive use parking so it will not be there in land transfer documents but my property management says it is not in your land transfer paper so they will not deduct any maintenance for it.

Also what should be the document to prove my ownership of that parking?

Your help and opinion is highly appreciated

Thanks
1 reply
Deal Fanatic
Jul 3, 2011
6517 posts
3780 upvotes
Thornhill
It's an exclusive space meaning your unit and your unit alone has the right to use a unit owned by the condo corp therefore there'll be no document of ownership in your name,

You won't have to pay maintenance fees on it and you can't rent it out or sell it.

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