Common Property and Lot Property – What is the difference?

ByLeanne Habib
Source: Bannermans Lawyers (image updated 2026)

Bannermans Lawyers made this really useful infographic which explains the difference between Common Property and Lot Property. Please click the image to the right for a large version of the image.

It is very helpful in understanding which damage or repairs are covered by the building insurance and for which issues you should seek cover through a personal content insurance.

If you have any questions on this, or any other strata related topic, please give us a call and we’ll be happy to help you.

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