Understanding the Strata Properties Act 2021: A New Framework for Multi-Unit Property Ownership in the Maldives
The enactment of the Strata Properties Act 2021 marks a significant shift in property ownership and real estate development in the Maldives, introducing a legal structure for strata properties — multi-level complexes comprising separately owned residential or commercial units with shared common areas. This modern legal framework paves the way for organized vertical living and […]
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