Common Property And Limited Common Property

Designating Common Property as Limited Common Property by strata plan amendment is a significant process. It requires professional assistance from a surveyor and a unanimous vote which can be difficult to obtain.

Limited common property is a means to allocate an Owner the exclusive use of Common Property. The allocation of Limited Common Property includes certain rights, such as exclusive use, but it can also include certain obligations, such as repair responsibilities.

The Strata manages the Common Property on behalf of the Owners. The Strata, however, does not own the Common Property.