Freehold Strata Title Meaning at Kate Sok blog

Freehold Strata Title Meaning. Each type means different rights, responsibilities and restrictions for the owner. Strata title and major land titles: A unit title (also known as stratum in freehold), is a type of land ownership. Strata title is a model of property ownership in australia that allows individuals to buy ownership in a larger property or building. As an owner of a ‘ lot’ within a ‘ strata complex’, you own your lot as well as a share in the ‘ common property’. It’s where you buy an apartment or unit. A strata title essentially means you have ownership of the individual apartment or unit you purchase (called a 'lot'), but not the building.

Freehold Meaning for Townhouse, Condo, Strata Lot WOWA.ca
from wowa.ca

A unit title (also known as stratum in freehold), is a type of land ownership. A strata title essentially means you have ownership of the individual apartment or unit you purchase (called a 'lot'), but not the building. As an owner of a ‘ lot’ within a ‘ strata complex’, you own your lot as well as a share in the ‘ common property’. Each type means different rights, responsibilities and restrictions for the owner. Strata title and major land titles: Strata title is a model of property ownership in australia that allows individuals to buy ownership in a larger property or building. It’s where you buy an apartment or unit.

Freehold Meaning for Townhouse, Condo, Strata Lot WOWA.ca

Freehold Strata Title Meaning Strata title and major land titles: Strata title is a model of property ownership in australia that allows individuals to buy ownership in a larger property or building. A strata title essentially means you have ownership of the individual apartment or unit you purchase (called a 'lot'), but not the building. Strata title and major land titles: As an owner of a ‘ lot’ within a ‘ strata complex’, you own your lot as well as a share in the ‘ common property’. Each type means different rights, responsibilities and restrictions for the owner. A unit title (also known as stratum in freehold), is a type of land ownership. It’s where you buy an apartment or unit.

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