Strata Property Act

The Strata Property Act is a law that governs how owners, residents, and developers of strata (or condominium) communities manage shared aspects of their properties, like common areas and amenities. It sets out rules for creating and managing strata corporations, including responsibilities for maintenance, bylaws, and financial obligations. The Act ensures clarity on voting procedures, dispute resolution, and the rights and duties of owners, helping to maintain order, protect property values, and promote harmonious living within these shared residential or commercial complexes.