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
Plan Ahead with Our Capital Maintenance Program
Avoid surprise costs — get your Capital Maintenance Forecast for $750. Click below to plan ahead.
At Terrace Strata, we’re driven by values, transparency, and professionalism. We provide integrated strata management, advisory, and insurance solutions for residential, commercial, and industrial schemes. With an ethical, client-first approach, we deliver clarity, confidence, and support — every step of the way.
Preventative maintenance is a cost-effective way of avoiding the cost and distress of events like water damage. With a long-term maintenance plan prepared by experts, you can schedule and budget for recommended upkeep to save money, reduce insurance claims and increase the value or your property. We recommend getting a trusted contractor known for quality […]
Our Capital Maintenance Program is a unique and innovative system for scheduling, budgeting for and implementing capital and preventative building maintenance to protect your property and reduce your costs. It is integral to optimising the market value, integrity and safety of your strata property.
Know your strata plan
Table of Contents
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
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.
Plan Ahead with Our Capital Maintenance Program
Avoid surprise costs — get your Capital Maintenance Forecast for $750. Click below to plan ahead.
About Terrace Strata
At Terrace Strata, we’re driven by values, transparency, and professionalism. We provide integrated strata management, advisory, and insurance solutions for residential, commercial, and industrial schemes. With an ethical, client-first approach, we deliver clarity, confidence, and support — every step of the way.
You may be interest in
Avoid the stress and expense of events like water damage
Preventative maintenance is a cost-effective way of avoiding the cost and distress of events like water damage. With a long-term maintenance plan prepared by experts, you can schedule and budget for recommended upkeep to save money, reduce insurance claims and increase the value or your property. We recommend getting a trusted contractor known for quality […]
Worried about a surprise special levy?
Our Capital Maintenance Program is a unique and innovative system for scheduling, budgeting for and implementing capital and preventative building maintenance to protect your property and reduce your costs. It is integral to optimising the market value, integrity and safety of your strata property.