Understanding Strata - Things You Need Know

If you are from Australia, you must have come across the word Strata, especially the one living in apartments. But what is strata and how does it work?
This guide will clearly explain what strata is and why you need strata.



What is Strata?
Strata mean 'to layer'. In terms of property, strata refer to the living spaces stacked upon each other. For example, multiple families, couples, and single people living in the same blocks of units.
Strata in Australia is a legal model for every family, individual, or single people living in the same block that allows for individual ownership of certain parts of the property, block or land and shared ownership of others. There are two forms of property for strata but before understanding the property let us know for what kind of property strata can be developed.
Strata plans development can be for:
- residential apartments
-commercial apartments
- both residential as well as commercial (ex: apartments with shops in lower level)
- retirement villages, or
- resorts
Jumping back to the property, once the property is title as strata it is split into two forms:
1. common property and
2. lot property
Common Property is the property shared by all the owners of the strata which are managed by the owners' corporation.  The owners' corporation is a legal entity created when the strata plan is registered. The owners of the strata form the body of the owners' corporation. The body encapsulates maintenance, repairs, finances, insurances, records, and administration of the strata scheme.
Lot property is an individual property owned by an individual within a certain block or apartment. It can be a unit, balcony or car space in the complex.
But what is strata- by law and why you need them?
When the property is not strata, changing things in the property is simple. Like for conducting renovation for the guest room, you need to plan what changes you need to, ask the local council if you need permission, and get started with your renovated plan.

But when the property is strata, you need by-law even for installing an air conditioner. By-law is a rule which states as a slip of permission an owner of the strata needs in order to make any changes to common property or any part of the owners' lot that touch common property.
These by-laws are pertained to:
- Parking restrictions and other allocated areas
- Keeping pets
- Garbage disposal
- Use of common property
- Ownership and maintenance of the common property
- Behaviour or the residents- noise, offensive behaviour, etc.
- Security and safety measures
- Architectural and landscaping guidelines
- Installation of floor covering, air conditioner, pergolas, tv, and satellite access.
Bottom Line
There are strata lawyers who can help you with all the by-laws. And if you are wondering to know about Strata by-laws in Sydney, simply contact our experienced team of bylaws in Sydney.
Pobi Lawyers is a specialist law firm located in Sydney’s CBD providing legal services to the strata industry.

 Read More: Role  Of  A  Building Dispute Lawyer In The Construction World

Read More: Qualities That Identify a Great Lawyer

Visit here For Direction Of Pobi Lawyers : 

Location: 1308/109 Pitt St, Sydney NSW 2000, Australia

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