Property law

Part of the common law series

Acquisition

Gift · Adverse possession · Deed Lost, mislaid, and abandoned property 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

Bona fide purchaser Torrens title · Strata title Estoppel by deed · Quitclaim deed Mortgage · Equitable conversion Action to quiet title

Future use control

Restraint on alienation Rule against perpetuities Rule in Shelley's Case Doctrine of worthier title

Nonpossessory interest

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 common law areas

Contract law · Tort law Wills, trusts and estates Criminal law · Evidence

v • d • e

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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

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This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Strata title".