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Definitions from the Web

Strata Title

Strata Title refers to a legal system used in some countries to divide ownership of a property into two parts: individual ownership of a particular unit or apartment, and shared ownership of the common areas of the building or complex.

Senses and Usages:

1. Noun

a) Legal Ownership:

In the legal sense, strata title refers to the division of ownership rights and responsibilities between individual units and common areas within a building or complex.

Example Sentence: The strata title clearly outlines the rights and obligations of the owners and the management committee.

b) Property Type:

Strata title can also refer to a specific type of property that is subject to this ownership system.

Example Sentence: The residential complex consists of several strata title apartments with breathtaking views over the city.

2. Verb

a) Obtaining Strata Title:

In this context, strata title refers to the process of acquiring legal ownership of a unit within a strata development.

Example Sentence: The developer needs to complete the necessary paperwork to strata title the newly constructed apartments.

Related Products:

• Books on Strata Title
• Strata Title Property Guides
• Strata Title Management Resources