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Strata Management Licensing Practice Exam · Question

In a strata property, what defines a 'limited common property'?

Limited common property refers to a part of the common property that is designated for the exclusive use of one or more specific strata lots, but not all, such

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Question: In a strata property, what defines a 'limited common property'?

Answer options:

  • Areas exclusively owned by individual strata lots. ✅ Common property designated for the exclusive use of one or more, but not all, strata lots.
  • Property that is not shared and requires no maintenance.
  • Landscaping areas accessible by all but maintained by a single strata lot.

Correct answer: Common property designated for the exclusive use of one or more, but not all, strata lots.

Explanation: Limited common property refers to a part of the common property that is designated for the exclusive use of one or more specific strata lots, but not all, such as a balcony or patio accessible only from a particular unit.

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