
Strata
What Do You Actually Own in a Strata Scheme? Common Property vs Lot Property
If you live in or own an apartment in a strata scheme, knowing the difference between lot property and common property is essential. This guide breaks it down simply, helping you understand what falls within your lot, what’s shared, and why those distinctions matter for everything from renovations to insurance.
Is replacing my air conditioning unit considered a minor renovation?
Is replacing the air conditioning unit in a strata-titled property considered cosmetic works, a minor renovation, or a major renovation under strata law?