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A strata corporation is often a legal entity that is certainly created underneath the Strata Property Act 1961. In this, every one of the powers rest in the hands of the one who gets the full capacity. can sue others, might be sued by others, hire employees and can also access contracts with others. The strata corporation divides a building into several components that could be owned either by the individuals or the people who just love the dwelling. The individually owned components are called 'separately owned' component