
WHAT IS A
STRATA REPORT?
A Strata Report is a valuable tool that enables the purchaser to buy with confidence. It provides a full understanding of the strata plan clients are buying into.
Sometimes vendors or real estate agents provide purchasers with three or four basic documents (Balance Sheet, Financial Statement and Minutes of the last Annual General Meeting) giving a quick snap-shot of the property to interested buyers. While this can assist, it is not a substitute for your own independent comprehensive report by an expert without a vested interest in the outcome of the sale.
