Common Interest Subdivision definition

Common Interest Subdivision means the subdivision of land (with or without airspace) into lots and common areas whether or not a body corporate or association is established to administer the common areas, including without limitation, subdivisions commonly known as strata titles and community titles.

Examples of Common Interest Subdivision in a sentence

  • Buyer has received and read the materials provided to Buyer under Paragraph 3 of Addendum No. 2 (Common Interest Subdivision).