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Strata renewal


Strata renewal
Regular price

Strata renewal


Many strata buildings have reached their use by date and are sought after for redevelopment and urban renewal projects. The process of agreeing to get strata owners to act as one in either selling the whole block to one buyer or redeveloping the block with or without the participation of a developer is called strata renewal. It can be done by agreement or with the assistance of the courts if a minority of owners refuse to participate. 

Michael negotiates strata renewal plans between owners and developers.

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