Know your strata plan
Knowing what you own and what is common property is important for peace of mind and for avoiding disputes, unexpected costs and confusion when it comes who pays for what. We recommend you seek advice from an expert to explain your strata plan so understand what’s yours and what’s shared.
Understand Your Strata Plan with Confidence
If you’re part of a body corporate in Tasmania, understanding your strata plan is crucial for avoiding disputes, protecting your investment, and optimising strata management undertakings.
Your strata plan determines
- The lot (what each owner owns)
- The common property (what the body corporate is responsible for)
- How costs are divided between the members of the body corporate (unit entitlements)
For many owners, strata schemes are confusing and complex—especially when trying to understand maintenance obligations, which can cause disputes.
That’s where Terrace Strata Management can help.
Know Your Strata Plan Package
Our Know your Strata Plan package is available to bodies corporate in Greater Hobart, Launceston, Devonport and Burnie.
We specialise in helping property developers, owners and committees make sense of strata plans to allow for proactive, fair and cost effective maintenance their strata property with confidence.
What’s included:
Our Know your Strata Plan package is available to bodies corporate in Greater Hobart, Launceston, Devonport and Burnie.
- Download the registered strata plan from the list
- A professional review by experienced strata managers
- A plain-language overview of how your strata scheme works in practice
- A summary of relevant sections from the Strata Titles Act 1998
- A detailed asset register identifying lot vs. common property
- An explanation of unit entitlements and cost-sharing
