Strata title
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Property law |
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Part of the common law series |
Acquisition of property |
Gift · Adverse possession · Deed |
Lost, mislaid, or abandoned |
Treasure trove |
Alienation · Bailment · License |
Estates in land |
Allodial title · Fee simple · Fee tail |
Life estate · Defeasible estate |
Future interest · Concurrent estate |
Leasehold estate · Condominiums |
Conveyancing of interests in land |
Bona fide purchaser |
Torrens title · Strata title |
Estoppel by deed · Quitclaim deed |
Mortgage · Equitable conversion |
Action to quiet title |
Limiting control over future use |
Restraint on alienation |
Rule against perpetuities |
Rule in Shelley's Case |
Doctrine of worthier title |
Nonpossessory interest in land |
Easement · Profit |
Covenant running with the land |
Equitable servitude |
Related topics |
Fixtures · Waste · Partition |
Riparian water rights |
Lateral and subjacent support |
Assignment · Nemo dat |
Other areas of the common law |
Contract law · Tort law |
Wills and trusts |
Criminal Law · Evidence |
It has been suggested that this article or section be merged into Condominium. (Discuss) |
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Strata title is a form of ownership devised for multi-level apartment blocks. The 'strata' part of the term refers to apartments being on different levels, or "strata".
Strata title was first introduced in 1961 in the state of New South Wales, Australia, to better cope with the legal ownership of 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 that have adopted the Australian system of apartment ownership include
- Canada
- Singapore
- South Africa
- Indonesia
- Malaysia
- Fiji and
- The Philippines
Other countries have legislation based on similar principles but with different definitions and using different mechanisms in their administration.
Strata Title Schemes are composed of individual lots and common property. Lots are either apartments, garages or storerooms and each is shown on the title as being owned by a Lot Owner. Common Property is defined as everything else on the parcel of land that is not comprised in a Lot, such as common stairwells, driveways, roofs, gardens and so on.
[edit] See also
- Condominium
- Commonhold
- Community title
- Owners corporation
- Body corporate