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Investment Strata titles of a condo, Strata titles of a Condo

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TScalcom21
post Apr 27 2010, 05:53 PM, updated 16y ago

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Dear All,
We heard that if you purchase a condo, you will be given a strata title which said that you own a parcel in that condo. My question is who actually own the land of that condo? The Bank? What happen if the condo destroyed, are we all entitle to the land title which holds the strata title?

 

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