A pre ‘63 is a property that has been divided into units prior to the coming into force of the Planning & Development Act of 1963.
As such the owner of such a property does not need to meet with current planning and building regulations. The benefits of these properties are that they are high density and accordingly high yielding properties.
Pre’63 Investment Property Declaration must be strong –
The basis of a good pre ’63 title is the declarations with title from the various owners of the property back through the years who confirm that the property has being held in a specific number of units dating back to pre 1963.