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STRATA SCHEMES DEVELOPMENT ACT 2015 - SECT 18
Effect of conversion of lots in leasehold strata scheme
On the registration of a notice of conversion for a leasehold strata scheme--
(a) the lease of a lot converted into common property is determined, and
(b)
the lot vests in the owners corporation as lessee for the remainder of the
term specified in the lease of the common property.
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