Total Pageviews

Monday 19 December 2011

Condo: How many ways u can subdivide a land?

There are 3 ways or types of land subdivision:

1/  Standard subdivision of land into Regular Lots.

2/  Subdivision of land into Bare Land Strata Lots. There is Common Property in the Bare Land Strata Plan. Common Property can be for clubhouse, a common private road, outdoor swimming pool, etc.

3/ Subdivision of Buildings into Strata Lots (eg, the highrise condos) on a piece of land.   The new strata lot is a piece of property in the Air.   The Building must have floors, walls and ceilings.

No comments:

Post a Comment

About Me

My photo
I am a realtor specializing in the residential properties in the Greater Vancouver, British Columbia. I have been awarded with 15 years top achievement Medallion Award by the Greater Vancouver Real Estate Board.