Property Investment Analysis - Macquarie University - Cathie - Case Study Assessment Answer

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Cathie - Case Study Assessment Answer

Assignment Task: Cathie has lived on her lakefront property for some 15 years.  When she purchased the property her conveyancer told her there was a registered right of way running from the land at the rear down one side of her property to the lakefront.  In the time she has owned the property Cathie has never seen the rear neighbour, who she understands has lived there for over 30 years, or anyone else uses this right of way.  This is not surprising as the land is quite steep and rocky and sections are overgrown with trees, shrubs and weeds and Cathie has built a small studio which is built across the right of way at the riverfront. Since the right of way is not used Cathie asks you whether it can be taken off her title. Advise Cathie.  Support your advice with the relevant authority.
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