STRATA TITLES: A SYSTEM OF FLAT OWNERSHIP AND MANAGEMENT

Abstract

In 1984, when a Government committee under the chairmanship of Mr E. G. Nugee QC was set up to look into the problems of management of privately owned blocks of flats (see Property Management Vol 5 No 2), both the National Consumer Council and the Building Societies Association, in their findings submitted to the committee, advocated the adoption of the Australian strata title system to replace the long leasehold. More recently, the Law Commission has called for the creation of a ‘commonhold’ system of ownership similar to the condominium concept in the United States and the strata title system in Australia. This paper presents the concept of strata titles as a system of flat ownership and management. The term ‘flat’ here is not confined to that for residential occupation but has a wider application extending to ‘airspace’. The paper examines the formation of a strata scheme, the legal and planning implications of ownership and, finally, the framework of operation.

Citation

Ngo, M. (1987), "STRATA TITLES: A SYSTEM OF FLAT OWNERSHIP AND MANAGEMENT", Property Management, Vol. 5 No. 4, pp. 309-316. https://doi.org/10.1108/eb006667