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In a strata title scheme, what does the term 'common property' typically include?

Correct Answer

B) Structural walls, roofs, and shared facilities

Common property includes all areas of the strata scheme that are not part of individual lots, such as structural elements, shared driveways, gardens, and facilities. These areas are owned collectively by all lot owners as tenants in common.

Answer Options
A
Individual unit balconies and courtyards
B
Structural walls, roofs, and shared facilities
C
Private garages assigned to specific units
D
Individual unit storage areas

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Related Topics & Key Terms

Key Terms:

strata titlecommon propertybody corporatetenants in commonstructural elements
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