Who is responsible for paying property taxes in a strata development?

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Multiple Choice

Who is responsible for paying property taxes in a strata development?

Explanation:
In a strata, taxes are divided between what belongs to individual owners and what belongs to the common property. Each owner is responsible for the taxes assessed against their own unit, reflecting their individual ownership. The common property—hallways, lobbies, amenities—belongs to all owners collectively, and the strata corporation handles those taxes. The cost of taxing the common property is recovered from all owners through the strata fees, allocated according to each owner’s unit entitlement (their proportional share). So the total tax bill you see as an owner is made up of your own unit’s taxes plus your share of the taxes on the common property. This is why the best-fitting answer is that each strata owner pays their own property taxes and a share of the common property taxes.

In a strata, taxes are divided between what belongs to individual owners and what belongs to the common property. Each owner is responsible for the taxes assessed against their own unit, reflecting their individual ownership. The common property—hallways, lobbies, amenities—belongs to all owners collectively, and the strata corporation handles those taxes. The cost of taxing the common property is recovered from all owners through the strata fees, allocated according to each owner’s unit entitlement (their proportional share). So the total tax bill you see as an owner is made up of your own unit’s taxes plus your share of the taxes on the common property. This is why the best-fitting answer is that each strata owner pays their own property taxes and a share of the common property taxes.

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