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Strata title is a form of ownership and housing tenure devised for multi-level apartment blocks and horizontal subdivisions with shared areas. The word "strata" refers to apartments on different levels. Strata title was first introduced in 1961 in the state of New South Wales, Australia, to better cope with the legal ownership of apartment ...
It has features similar to the strata title system in Australia, and condominium systems in the United States. Following a consultation by the Law Commission, [1] it was introduced by the Commonhold and Leasehold Reform Act 2002 as an alternative to leasehold, and was the first new type of legal estate to be introduced in English law since 1925 ...
The owners corporation must prepare and keep a strata roll in accordance with section 96 of the Strata Schemes Management Act 1996 including the name and addresses of all lot owners, tenants, mortgagees, the original owner and the managing agent, the units of entitlement, insurance details and the by-laws for the strata scheme. [8]
Strata (linguistics) Strata roller coaster, a height classification, of roller coaster; Strata SE1, a building in London, England; Strata title, a form of ownership devised for multi-level apartment blocks; Strata Tower, building in Abu Dhabi; Strata, a homogeneous subgroups of members in Stratified sampling population
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The Uniform Residential Landlord and Tenant Act, also known as URLTA, is a sample law governing residential landlord and tenant interactions, created in 1972 by the National Conference of Commissioners on Uniform State Laws in the United States.
Torrens title is a land registration and land transfer system in which a state creates and maintains a register of land holdings, which serves as the conclusive evidence (termed "indefeasibility") of title of the person recorded on the register as the proprietor (owner), and of all other interests recorded on the register.