Apr 26, 2016 | All Things Strata
What is a strata scheme? A strata scheme is a system of multiple ownership of a building or collection of buildings. Each owner owns a portion (called a ‘lot’), which is usually an apartment or townhouse, but every owner shares ownership of any common...
Apr 19, 2016 | All Things Strata
Residential strata insurance (known as body corporate cover in some states) is general insurance that covers common property under the management of a strata title or body corporate entity. Owners of strata titles typically share the premium costs of strata insurance...
Apr 19, 2016 | All Things Strata
Buying a unit, townhouse or apartment can be an affordable way to enter the property market. But before you sign the dotted line it pays to look into the history of the property and its strata scheme. Commissioning a strata report before you buy can tell you almost...
