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strata title

   Also found in: Wikipedia 0.01 sec.
strata title
n
(Law) Austral a system of registered ownership of space in multistorey buildings, to be equivalent to the ownership of the land of a single-storey building NZ equivalent stratum title


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Hammond added: "The market is currently characterised by three owner groups: investors/developers, strata title owners and distressed tenants.
The Government passed new legislation--such as the Strata Titles Act--to make it easier for people to invest with a reasonable chance of a good return.
Riverwind Strata Title Housing Co-operative in Edmonton is an example of an equity co-operative.
 
 
 
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