strata title

strata title
A form of title over parts of real property (originally designed to facilitate ownership and mortgage of separate parts of a building, often on multiple levels). This type of title, so called in Australia, Singapore, British Columbia and elsewhere is also known as "condominium", "commonhold" and "sectional title" in other juridictions. Usually some "common property" is the responsibility of all strata title holders via an owners corporation.

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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… …   Wikipedia

  • strata title — UK US noun [C] LAW, PROPERTY ► in some countries such as Australia and Canada, a legal document that shows that you own an apartment, office, or other part of a larger building and have the use of areas that are shared by the people who live or… …   Financial and business terms

  • strata title — /ˈstratə taɪtl / (say strahtuh tuytl) noun a system of registration of strata of air space in multistorey buildings, similar to the registration of titles under the Torrens System, to create a type of interest similar to the interest a person has …  

  • Strata — is the plural of stratum (the geological formation); for other uses in which it can be used in the singular or plural, see Stratum (disambiguation).Strata may refer to:* Strata (novel), a science fiction novel by Terry Pratchett. * Strata title,… …   Wikipedia

  • title — ti‧tle [ˈtaɪtl] noun 1. [countable] HUMAN RESOURCES JOBS a name that describes a person s job or position: • What is your job title? • Her official title is Human Resources Manager. 2. [countable] a par …   Financial and business terms

  • strata — /ˈstratə / (say strahtuh) plural noun 1. a plural of stratum. –adjective 2. of or relating to or sold under a strata title: a strata unit; strata manager. –verb (t) (strataed, strata ing or strataing) 3. to develop (a building) into apartments or …  

  • Title (property) — Property law Part of t …   Wikipedia

  • Strata Tower — is a forty story luxury residential building, designed by Hani Rashid and Lise Anne Couture of Asymptote Architecture, currently being built on Al Raha Beach, scheduled for its completion in 2011. It is developed by Aldar Properties. Overview… …   Wikipedia

  • title — Cloud Cloud (kloud), n. [Prob. fr. AS. cl[=u]d a rock or hillock, the application arising from the frequent resemblance of clouds to rocks or hillocks in the sky or air.] 1. A collection of visible vapor, or watery particles, suspended in the… …   The Collaborative International Dictionary of English

  • Torrens title — is a system of land title where a register of land holdings maintained by the state guarantees an indefeasible title to those included in the register. The system was formulated to combat the problems of uncertainty, complexity and cost… …   Wikipedia

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