CRR Searches
Ensuring thorough due diligence
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Determine if authorities have an interest in a property
The Central Register of Restrictions (CRR) is a centralised database where participating authorities maintain up to date information about possible or actual interests held on NSW properties.
From identifying risks to ensuring title clarity, CRR Searches can reveal many different reasons why an organisation would have an interest in specific land or property, including:
From identifying risks to ensuring title clarity, CRR Searches can reveal many different reasons why an organisation would have an interest in specific land or property, including:
A physical inclusion to your property (e.g. above or below ground cables)
The actual or potential acquisition of the property (e.g. for new transport infrastructure)
Prior land usage with potential ongoing impact (e.g. previous military use with the possibility of unexploded ordnance on site)
These interests are often not recorded on title, and therefore will not appear in a standard title search.
Legal practitioners can order one or up to all 12 CRR Searches for their clients and receive a certificate that indicates whether that authority has an interest in a property or not.
Legal practitioners can order one or up to all 12 CRR Searches for their clients and receive a certificate that indicates whether that authority has an interest in a property or not.
Conducting comprehensive CRR searches allows lawyers and conveyancers to identify potential risks and liabilities associated with the property. This allows them to advise their clients accordingly and take appropriate steps to mitigate these risks before they escalate into legal disputes.
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Benefits of CRR Searches
Avoid risk
Avoid risk to occupiers if they unknowingly act upon property, potentially causing injury or damage to infrastructure.
Protect property value
Non-disclosure may materially affect the value of the property, or the value a potential purchaser is willing to offer (e.g. unknowingly purchasing a property in the process of being acquired for transportation-related demolition).
Avoiding breach
Risk of prolonged legal or civil disputes (e.g. unintentionally breaching legislation which limits altering the property).
