Strata title is a subdivision of building or land into parcels and issue of separate title for each of the parcel (unit) such as condominiums, commercial complex, and multi-purpose complex. When there has two or more storey on alienated land held as one lot under Final Title into parcel each to be held under a separate Strata Title. In other words, it also define as subdivision of building issue of separates titles under Strata Titles Act (STA) 1985 for each of the parcel in the building which has two and more storey.
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Thanks for the insightful explanation of strata title and its implications. It's always helpful to understand the intricacies of property subdivision, especially in multi-story buildings. On a related note, does anyone have experience or tips on switching body corporate managers in QLD? It's a task that can feel daunting, so any insights would be greatly appreciated. Let's share our knowledge and support each other in navigating property management!
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