14.7 Sectional properties

On 11th December 2020 the Sectional Properties Act, 2020 (“the Act”) was assented into Law and repealed the Sectional Properties Act, 1987 (the Repealed Act).
Application of the Act

Under section 2, the Act is meant to apply only in respect of land held on freehold title or on a leasehold title where the unexpired residue of the term is not less than twenty-one (21) years and there is an intention to confer ownership.
The Act is an amended version of the Repealed Act with additions and omissions. The Repealed Act was enacted in 1987 to specifically cater for vertical land ownership. The Act provides for the division of buildings into Units, vide Sectional Plan, to be owned by individual proprietors who will have individual Titles for their respective Units. This regime provides for ownership of houses as individual units independent from the Developers’ Title and the ownership of the common areas by the individual proprietors as Tenants in Common