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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 ...
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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 ...
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 developer is responsible to maintain and manage the building intended for strata title subdivisions during the first year after vacant possession (developer's management period). Within that one year, the developer shall call for an Annual General Meeting of all proprietors, during which, the Joint Management Body (JMB) is formed.
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