For property owners in Australia, understanding strata management is crucial when buying or managing strata-titled properties. Strata-titled properties, often seen in apartment buildings, townhouses, and multi-use developments, operate under a specific legal framework. Here's a comprehensive guide to help you navigate strata management and ensure your investment runs smoothly.
Don’t know your LMI from your LVR? Can’t quite remember what caveat emptor means but you’re pretty sure Robin Williams banged on about it in Dead Poets Society? Never fear: help is at hand. Without further ado, here is an A to Z of some of the most baffling real estate terminology.