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sectional title

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Sectional Title is a form of property ownership that allows a number of people to collectively own the land on which a building (or buildings) is built, and to individually own an appartment, flat or townhouse in the building (or buildings).

Sectional Title refers to the owning of a section of the improvements or buildings on a common property and an undivided share in the common property, together with the right of the exclusive use of certain communal property.


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Terms that closely resemble "sectional_title":

sectional title - Sectional Title is a form of property ownership that allows a number of p...

sectional title - Sectional Title refers to the owning of a section of the improvements or ...

sectional title plan - A registered land surveyor must draw up a sectional title plan for any ne...

sectional title register - A register of sections in a sectional title scheme registered in the deed...

sectional title unit - A sectional title unit includes BOTH the section AND the share in the ...


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