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STRATA TITLE What is strata title? Strata title is a system for owning units and townhouses, which generally have a combination of private residences as well as communal spaces. When you buy into
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What is strata title?
Strata title is a form of ownership where individuals own a portion of a property, such as an apartment or townhouse, along with shared ownership of common areas.
Who is required to file strata title?
Property developers or owners who wish to subdivide a property into strata lots are required to file strata title.
How to fill out strata title?
To fill out strata title, one must provide detailed information about the property, including boundaries, unit numbers, common areas, and any bylaws or regulations.
What is the purpose of strata title?
The purpose of strata title is to divide a property into individual units while allowing for shared ownership and management of common areas.
What information must be reported on strata title?
Information such as unit boundaries, unit numbers, common areas, bylaws, regulations, and ownership details must be reported on strata title.
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