Strata Title vs Company Title: What’s the difference?

If you are buying a property that shares land with other owners, which is the case with buildings such as apartments, units, townhouses, and even some houses, it’s important to know which title it comes under: Strata or company. Understanding the bigger picture is important for making a quality decision on how you buy and what the terms and conditions are. It’s also important to check local regulations as legalities differ, depending on which state or territory your property is located in.