bcs strata management

What’s the difference between strata and community title?

Posted on 16 CommentsPosted in News, Strata Compliance

Peter Asimakoloulos of Harcourts Mawson Lakes answers the question, what’s the difference between strata and community title (SA). “Strata Title: Town houses, units and some types of commercial property generally fall under these categories. Each unit and common property comes from one large parcel incorporating property and land. Each unit or allotment is given its own title as well as the common property (shared between all members of the group). The difference is in the way in which the land boundaries are defined. A Strata Title unit’s boundaries are defined by reference to parts of the building, not by the […]Read More