Helping buyers understand the Strata Property Act, Depreciation Reports, Financials, Bylaws, and other related documents.
Reviewing a condo’s strata documents is one of the most important steps you can take to ensure you’re making a sound purchase. A thorough strata document review can help you make an informed decision by ensuring you understand the regulations, restrictions, financial obligations, and potential risks or red flag items. But conducting a review can be time consuming, and the documents can be difficult to understand if you don’t know exactly what you’re looking for. Buyers may turn to lawyers and engineers for additional insights, but these services can be expensive, time consuming, and may result in an incomplete view if they lack experience in the day-to-day operations of strata corporations.