Strata Title and the Nigerian Real Estate Sector

Strata Title and the Nigerian Real Estate Sector

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Summary

Strata title is a hybrid property ownership scheme that combines individual and communal interest in land and improvements thereon in a clearly severable manner. It takes the form of land and buildings subdivided into units/lots which are held individually, whilst the adjourning or common areas and shared facilities are held jointly by the group of individual owners (“Unit Owners”). Click here to view

Source: Detail Solicitors

Published: 2014

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