A property developer wants to create a strata scheme for a new apartment building. What document must be registered to establish individual lot ownership?
Correct Answer
B) Strata plan showing lot boundaries and common property
A strata plan must be registered with the land titles office to create the strata scheme and establish individual lot ownership. This plan defines the boundaries of each lot and identifies common property areas, forming the legal basis for separate titles to be issued.
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A property developer wants to create a strata scheme for a new apartment building. What document must be registered to establish individual ownership of units?
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