Information about Strata Title
For other uses, see Strata (disambiguation).
Strata title is a form of ownership devised for multi-level apartment blocks, which have apartments at different levels or "strata".
Strata title was first introduced in 1961 in the state of New South Wales, Australia to better cope with apartment blocks. Previously, the only adequate method of dividing ownership was company title, which suffered from a number of defects such as the difficulty of instituting mortgages.This term also applies to house type strata title units in Australia.
Other countries have now adopted the Australian system of apartment ownership including Canada, Singapore, South Africa, Indonesia, Malaysia, Fiji and the Philippines, with many others having similar legislation.
Strata Title Schemes are composed of lots and common property. Lots are either apartments, garages or storerooms etc and are shown on the title as being owned by the Lot Owners. Common Property is defined as everything else on the parcel of land that is not comprised in any lot, such as common stairwells, driveways, roofs and gardens etc.
The term is also used in the Canadian province of British Columbia.
See also
Strata is the plural of stratum (the geological formation); for other uses in which it can be used in the singular or plural, see Stratum (disambiguation).
Strata may refer to:
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Strata may refer to:
- Strata (novel), a science fiction novel by Terry Pratchett.
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worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
An apartment building, block of flats or tenement is a multi-unit dwelling made up of several (generally four or more) apartments (US) or flats (UK).Please [ improve this article] or discuss the issue on the talk page.
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states or provinces, as contrasted with nation states.
In many cases, these are creations of the national government, rather than sovereign states or Administrative divisions. In other cases, as with the U.S.
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In many cases, these are creations of the national government, rather than sovereign states or Administrative divisions. In other cases, as with the U.S.
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New South Wales
Flag Coat of Arms
Slogan or Nickname: First State, Premier State
Motto(s): "Orta Recens Quam Pura Nites"
(Newly Risen, How Brightly You Shine)
Other Australian states and territories
Capital Sydney
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Flag Coat of Arms
Slogan or Nickname: First State, Premier State
Motto(s): "Orta Recens Quam Pura Nites"
(Newly Risen, How Brightly You Shine)
Other Australian states and territories
Capital Sydney
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Anthem
Advance Australia Fair [1]
Capital Canberra
Largest city Sydney
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Advance Australia Fair [1]
Capital Canberra
Largest city Sydney
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apartment is a self-contained housing unit that occupies only part of a building. Apartments may be owned (by an owner-occupier) or rented (by tenants).
The term "apartment" is favored in North America, whereas the term "flat
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The term "apartment" is favored in North America, whereas the term "flat
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A house is a building lived in by people. The word "house" may also refer to a building that shelters animals, such as a lemur, especially in a zoo. [1]
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Canada
This article is part of the series:
Politics and government of
Canada
Federal
Executive (The Crown)
Sovereign (Queen Elizabeth II)
Governor General (Michalle Jean)
Queen's Privy Council for Canada
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This article is part of the series:
Politics and government of
Canada
Federal
Executive (The Crown)
Sovereign (Queen Elizabeth II)
Governor General (Michalle Jean)
Queen's Privy Council for Canada
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British Columbia
Colombie-Britannique
Flag Coat of arms
Motto: Splendor Sine Occasu (Latin: Splendour Without Sunset (diminishment))
Capital Victoria
Largest city Vancouver
Official languages English
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Colombie-Britannique
Flag Coat of arms
Motto: Splendor Sine Occasu (Latin: Splendour Without Sunset (diminishment))
Capital Victoria
Largest city Vancouver
Official languages English
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Property law
Part of the common law series
Acquisition of property
Gift · Adverse possession · Deed
Lost, mislaid, and abandoned property
Alienation · Bailment · License
Estates in land
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Part of the common law series
Acquisition of property
Gift · Adverse possession · Deed
Lost, mislaid, and abandoned property
Alienation · Bailment · License
Estates in land
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Commonhold is a system of property ownership in England and Wales. It was introduced in 2004 by the Commonhold and Leasehold Reform Act 2002 as an alternative to leasehold, and is the first new type of legal estate to be introduced in English law since 1925.
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