FIJI NEWS: Sayed-Khaiyum says strata titles in Fiji are high end

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Acting Prime Minister and Attorney General, Aiyaz Sayed-Khaiyum says there are strata titles in Fiji but they are very high end.

Strata title is a form of ownership for multi-level apartment blocks and subdivisions with shared areas.

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Speaking at the Attorney General’s Conference, Sayed-Khaiyum says everyday Fijians do not own these strata titles.

Sayed-Khaiyum also talked about a case where a family lives in a squatter settlement but was renting out their house in another area.

Sayed-Khaiyum says those lawyers who are advising insurance companies should look at whether there are products available in the Fijian market for individualised strata titling.

Source - fijivillage
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