answersLogoWhite

0


Best Answer

Strata title was first introduced in 1961 in the state of New South Wales, Australia, to better cope with the legal ownership of apartment blocks. A unit title can be referred to as a strata title or stratum estate and units can either be owned in fee or leased. A stratum freehold would be a unit owned in fee. That status is also referred to stratum in freehold.

Such communities are managed by a corporate body that sets forth rules, regulations, rights and obligations. There are usually monthly fees. This form of fee ownership is comparable to condominium ownership in the United States. Several other countries have adopted the Australian system.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What does stratum freehold mean?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is stratum in freehold?

A stratum in freehold is a type of title that is used when purchasing property in New Zealand. Strata means that you are buying separate units on separate levels. For example if you bought an apartment on the first floor and second floor of a building, you would receive a strata title.


Does freehold mean the the whole property is for sale?

Yes you can purchase a property either Leasehold or Freehold. Leasehold you only own the right to use the property, such as a house rental and pay the landlord a rental. Freehold purchases mean that you entirely own the property and land.


What is the difference between freehold borough and freehold township new jersey?

Freehold township is better


What is the correct order for the layers of epidermis from outermost to deep?

Stratum basale, stratum spinosum, stratum granulosum,stratum lucidum & stratum corneum


What does freehold going concern mean?

It generally refers to the sale of a business and freehold property. For example a going concern generally means the goodwill of an operating business and the freehold refers to the tenure of the property. so in this case it means for example £500,000 for the freehold of the property and inclusive of the value of the goodwill, therefore £500k buys you the business and the property.


Where is the Freehold Public Library in Freehold located?

The address of the Freehold Public Library is: 28 1/2 E. Main Street, Freehold, 07728 2202


The Stratum Corneum sits deep to the Stratum Basale?

The stratum corneum is superficial to the stratum basale. The stratum basale is deep to the stratum corneum.


When was Farnham's Freehold written?

Farnham's Freehold was published in 1964.


Where did Bruce go to college?

Freehold Borough High School in Freehold, New Jersey.


If you purchase a property stratum in freehold do you own any land or just structures?

Unit title or Stratum title allow for multiple ownership of the land. It is the most common form of ownership for appartment, home unit, town houses and business premises. Each occupier has an estate in fee simple for their strata unit and a proportionate interest with all the other unit occupiers in the common property.


What is the singular form of stratum?

"Stratum" is the singular.If you have a stratum and I have another stratum, then together we have two strata .


Layer of the epidermis that is constantly undergoing mitosis is called?

the stratum basale aka germinitivium is the stratum that has miotic division of cells and there is some cell production in the stratum spinosum as well