Search results
Results from the WOW.Com Content Network
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 ...
After strata titles are issued by the Land Office, the developer is responsible to call for the first Annual General Meeting of the Management Corporation. The Corporation appoints its Committee members during the General Meeting known as the Management Committee (MC).
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.
Until December 2015, condominiums in Ontario were governed by the Ontario Condominium Act, 1998 [13] with each development establishing a corporation to deal with day-to-day functions (maintenance, repairs, etc.). A board of directors is elected by the owners of units (or, in the case of a common elements condominium corporation, the owners of ...
Upgrade to a faster, more secure version of a supported browser. It's free and it only takes a few moments:
Strata title was developed in Australia and by-laws of body corporate are also empowered by state legislation. [6] Many people come into contact with strata by-laws on a regular basis, since they affect what people living in strata title housing can do in their homes. [7] The most well-known of these is the "no pets in flats" rule. [8] [9]
Khloé explained that they didn't know at the time of the rehearsal dinner that they would be flown to Italy for the actual ceremony, so they had "a drinking competition." "I took an entire bottle ...
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 ...