Fractionalised land interests : More questions than answers

Journal article


Cantatore, Francina, Galloway, Kathrine and Parsons, Louise. (2020). Fractionalised land interests : More questions than answers. Australian Property Law Journal. 28(2), pp. 39-58.
AuthorsCantatore, Francina, Galloway, Kathrine and Parsons, Louise
Abstract

The South Australian Government recently announced the launch of a new system of fractionalised land title, to be rolled out as a trial in two of Adelaide’s new residential towers. The system involves dividing the estate in each lot into 20 equal interests, using both blockchain technology and the Torrens
register to record and trade them. This article outlines a possible design that would support such a proposal to analyse how a fractionalised land title challenges traditional categories of property, including the possibility of bifurcating land title into both real and personal property. It explores the likely range of rights and responsibilities and the tensions arising as a consequence, to conclude that there are a number of unresolved questions inherent in an otherwise elegant idea.

KeywordsSouth Australia; land title; blockchain; personal property; property law
Year01 Jan 2020
JournalAustralian Property Law Journal
Journal citation28 (2), pp. 39-58
PublisherLexisNexis Butterworths
ISSN1038-5959
Web address (URL)https://plus.lexis.com/apac/document/index/?crid=3a87e8c4-c4d5-4c77-8d36-b52ff53cec10&pdpermalink=1759758f-6e2d-4392-ad93-4e3def99c396&pdmfid=1539278&pdisurlapi=true
Open accessPublished as non-open access
Research or scholarlyResearch
Page range39-58
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All rights reserved
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Controlled
Output statusPublished
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Print2020
Publication process dates
Deposited28 Jun 2024
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Place of publicationAustralia
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