Strata

The Property practice area in New Zealand focuses on laws related to land and buildings. One important part of this area is called Strata. Strata refers to a way of owning property where different people own individual units within a larger building or complex, like an apartment block or a townhouse development.

What is Strata Ownership?

In a Strata scheme, you own your own unit, but you also share ownership of common areas, such as gardens, hallways, and swimming pools. For example, if you buy an apartment in a block, you own your apartment, but you also have a say in how the shared spaces are managed.

Why is Strata Important?

Strata ownership is popular in New Zealand because it allows people to live in a community while still having their own space. It can be more affordable than buying a whole house, especially in cities where property prices are high.

Legal Support in Strata

Our Property practice area helps people understand their rights and responsibilities in Strata ownership. This includes:

• Understanding Rules: Every Strata scheme has rules, known as bylaws, that everyone must follow. We help you understand these rules.
• Dispute Resolution: Sometimes, disagreements can happen between owners. We can assist in resolving these disputes fairly.
• Buying and Selling: If you want to buy or sell a unit, we can guide you through the legal process to ensure everything is done correctly.

In summary, the Strata specialisation within the Property practice area is all about helping people navigate the unique aspects of owning property in shared spaces. Whether you are looking to buy, sell, or resolve a dispute, we are here to provide the legal support you need.