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Old Posted Aug 1, 2014, 10:50 AM
IanWatson IanWatson is offline
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Quote:
Originally Posted by JET View Post
Could you please clarify the term: 'bare land strata community' ? thanks
Basically a detached subdivision structured as a condominium rather than individual lots. Instead of owning a lot you get a "unit" of land, which is part of the condominium corporation. They're often used when the developer doesn't want to build a new public street, or if there are amenities they want to provide for that community only (pool, club house, etc.)
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