Strata does not have which type of rights?

• A. Lien Rights
• B. Airspace Rights
• C. Water Rights
• D. Mineral Rights

Answer: (B)

Strata ownership is built on a division between private strata lots and shared common property, with the strata corporation owning and maintaining the common areas and each owner holding a share of the whole through their unit. In this framework, certain real-property rights can appear in relation to the strata, such as the strata’s lien rights to collect unpaid fees, and the way water services and, in some cases, mineral or subsurface interests are handled depending on how the plan is written. Airspace rights, however, are not a typical part of what a strata holds or can grant. The space above and around the building isn’t owned as a separate, transferable airspace interest by the strata; it’s outside the usual bundle of rights assigned to strata lots and common property, and is governed by planning and building regulations rather than by a standalone airspace ownership within the strata regime.