We offer a personalised approach that is designed to provide a buyer with a quality product that provides insight into the strata scheme that they will become an automatic member of once the purchase is finalised. Knowing that your best interests are being taken care of will allow you to focus on the important tasks involved in purchasing a property. Our passion and dedication to our clients is second to none.
Our products are designed to assist our clients with every part of the conveyancing process from a Disclosure Statement to a Comprehensive Strata Inspection Report. Each report provided is designed for purpose and designed to account for the age and size of the scheme and complexity. Specific reports have been designed for the geographical area and the legislation that governs them.
On receipt of a request a thorough inspection of the Body Corporate/Strata Records is undertaken by an experienced Strata Inspector at the location where the records are held. Legislation requires that certain records and accounts be kept (and maintained) by the Body Corporate or Owners Corporation. Once the information is collected and reviewed a report is compiled and reviewed by our specialist report team and delivered electronically.
To enable us to provide the most suitable report, a summary of all report types is provided when you request a report.Request a Report
How important is an inspection report
Although the services we provide are well known amongst our clients, the general public have little knowledge of the services we provide and how they can assist a purchaser in making an informed decision when acquiring a lot in a Strata Scheme. Essentially we provide a report to a person who has an interest in a property that involves ownership of a lot and a shared ownership of common areas, such as car parks, gardens, tennis courts and swimming pools. Strata Schemes can vary in complexity and structure. It is important that purchasers verify the information that has been provided to them by the sales agent. Failure to do this may end up with the purchaser acquiring a property that has numerous defects, financial issues. Or perhaps you may just want to verify if there is a car park allocated to the unit being acquired.
When buying a strata titled property there are many factors that a buyer may not be aware of whether they intend to live in it or not. Buyers need to ensure that they are well informed with the differences of living in a normal residential house and the rights and responsibilities they will have when they choose a ‘Strata Lifestyle’. There are various structures and styles of schemes which can make the process a little more confusing as each structure has different requirements and additional rules and responsibilities that you should have knowledge of before committing to purchase.
- Mixed use – i.e. retail and/or commercial and/or residential
- Layered Schemes
- Serviced apartments
- Retirement villages
- Caravan parks
There are a number of questions that purchasers need to understand before committing to buy, as the future implications of not having a full understanding of how the scheme functions could cause unwanted stress and financial hardship. Apart from special rules (by laws) they have to abide by, there’s money (levies) they have to pay quarterly (or monthly). These levies pay for the maintenance of the common property and any common property expenses such as common property lighting, pool maintenance, lift maintenance and so on.
They now co-own the common property along with all other owners and now have a responsibility to ensure all administrative and financial matters are dealt with in a manner that will not create issues in the future. For example, failure to maintain the common property could result in special levies. It is extremely important that owners are aware of their responsibilities and understand the importance of keeping abreast of the matters discussed by the Committee and then to have their say by voting at Annual Meetings. If you don’t get involved you are effectively allowing others to control the success and harmony of your investment.