Strata titles
A strata title is usually associated with townhouses, units and commercial properties - eg shops, warehouses. The title divides the land into units owned by individuals and common areas which are owned equally by owners in the group. The boundaries of a strata title are usually defined by the buildings and structures - eg carports, rather than the land itself.
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Strata corporations
Each strata group must have a strata corporation. This is the legal body that looks after and administers the land for the benefit of its members, including the maintenance of common areas - eg stairways, paths and entrances. They are responsible for organising and paying insurance for any structures listed on the title.
Each unit owner is automatically a member of the strata corporation and must pay fees to the strata corporation to cover its operations.