PropertyAbatement notice Non conforming use Facilities management Turnover rent Rateable value Serviced accommodation
Strata Title
In finance, we often encounter the concept of freehold title, which refers to the ownership of a property that includes both the horizontal title above and below it. To ensure proper management of such properties, a common practice is to establish a management corporation, which is responsible for maintaining the shared facilities and areas. This arrangement is typically mandated by law and helps ensure the smooth functioning of the property.
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