Built Strata Vs Survey Strata - What is the difference?
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Import
Water Run Off Buying Strata Strata Titles Act of Western Australia Lot Boundaries Strata Plan and Other Plans Strata Titles Act Regulations, Standard By-Laws & Management Statements Tenanting Your Property Alteration to a lot/ installations Common Property Employing Contractors Funding Access for Maintenance Fences Contractors Electrical Gas Plumbing Pests NBN Swimming Pools & Spas Building Warranties Strata Companies Levies Financial Strata Manager Strata Council Insurance Paint AGM’s
All strata plans are not alike and you will need to, prior to making an offer on a property understand fully what you own and what you don’t own. It is best that this is marked out for you.
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WHAT IS A (BUILT) STRATA PLAN?
A strata plan is created when a property is divided into lots, and common property. The Lots show individual ownership and common property, or CP, which is the area owned jointly by all lot owners in the strata scheme. Some strata plans may not show CP or common property; therefore, the typical interpretation/ rule is that any/ all areas not marked Lot or Part lot Pt are common property.
There can be any number of lots in a built stratum, and each lot can be composed of more than one part and is marked as being part of a lot i.e. Pt 1, or Pt 2. I.e. you may have what you know as the building as Lot 1, the carport / garage as Pt1 and the yard as Pt 1 and so on for each and every lot.
Built strata plan have differing ownership spaces, called stratum, rather than saying you own ot the gutter line or to the top of the roof or the plumbing, the plan will define this in metres, such as 5 metres below the surface and 10 metres above etc.
WHAT IS A SURVEY-STRATA PLAN?
Survey-strata plans define the lots in a survey-strata scheme, and show the entire lot boundaries of the lot, owned individually. The Land boundaries define each lot and no buildings are shown on survey-strata plans, even though buildings may and do exist onsite. Some survey strata’s have no common property, however if they do, they are owned jointly by all lot owners and are shown as CP or “common property lots”. Survey-strata lots may be limited in the ownership of the lot’s height and depth however, typically not.