strata title

noun

1. NZ equivalent: stratum title. a system of registered ownership of space in multistorey buildings, to be equivalent to the ownership of the land of a single-storey building

Example Sentences

Most properties built over the next two years will be held under so-called strata title, where different investors own one or more floors.

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Most properties built over the next two years will be held under so- called strata title, where different investors own one or more floors.

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Most of the new office supply will be under strata title over the next two years.

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