What is strata title
 

What is strata titled is this like leasehold in the UK.

Cheers
Thrud

Re: What is strata title
 

This link may help
http://www.strataman.com.au/strata.html

Strata Title - Horizontal Subdivision

Strata title permits the horizontal subdivision of land into separate titles for separate 'strata' lots or units, each lot or unit represents a separate apartment.

The title or ownership rights in land continues, in theory, along imaginary lines from the centre of the earth up though the boundary on the surface and then upwards to the sky. However, the owner of a strata title home unit has title to that cube of air bounded by the inner skin of the boundary walls of the unit vertically and by the ceiling height above and the floor level below horizontally.