Buyer Beware: Key Considerations in purchasing Strata Property in Jamaica
Strata real estate developments are those established under the Registration (Strata Titles) Act (the “Act”), and are similar to what persons know as “condominiums” overseas. They have become a popular real estate option in Jamaica, offering individuals an affordable, community-oriented lifestyle with shared amenities. However, purchasing a unit in a Strata is not without risks. […]