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Clearing the Confusion: Common Property vs. Lot Property in Strata
Understanding the distinction between common property and lot property is essential for strata owners to navigate their responsibilities effectively. This knowledge forms the foundation for clear delineation of duties between owners and the owners corporation, ensuring transparency and harmonious strata living. Common property is defined in the Strata Schemes Development Act 2015 as follows: common property, in relation to a strata scheme or a proposed strata scheme, means a

Timothy Lee
3 min read
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