Word info

strata title

Noun

Meaning

strata title (plural strata titles)

English Wikipedia has an article on:strata titleWikipedia
(Australia, Singapore, British Columbia) (law) 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. Usually some common property is the responsibility of all strata title holders via an owner's corporation.
Synonyms: condominium, commonhold, sectional title

Source: en.wiktionary.org

Close letter words and terms