© Holmes Strata Reports 2018                             Pottsville Beach NSW Australia

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Make an informed purchasing decision

with a comprehensive strata report 

Make an informed purchasing decision

with a comprehensive strata report 

The Department of Fair Trading recommends an inspection of the Strata Records before signing a contract. In particular, it recommends to “gain professional advice about the complexities involved in buying a strata unit.  Look at the records of the Owners Corporation.  Know as much as you can about the maintenance of the building and the related costs, and look for any signs that money may need to be spent soon.  There are companies that specialise in inspecting the books.”         

 
There is nothing like
first-hand evidence! 

DOWNLOAD HOLMES
TOP TIPS BROCHURE

THE DEPARTMENT OF
FAIR TRADING

RECOMMENDS

SEARCHING THE STRATA RECORDS PRIOR TO PURCHASE 

 

HOLMES STRATA REPORTS

INCLUDE:

1

FINANCIAL DETAILS

  • Administration and Capital Works/Sinking Fund Balances

  • Levy Contributions

  • Annual Budget

  • 3 Years Financial Reports

  • Income and Expenditure details

  • Special Levies/proposed major expenditure

2

LEGAL INFORMATION

  • Details of property address

  • Strata roll/Unit entitlement

  • Registered Strata Plan and Exclusive use areas

  • By-Laws and Change of By-Laws

3

INSURANCE

  • Insurance Certificate of Currency for Strata Plan

  • Insurance Valuation Report

  • Recent insurance claims

4

MINUTES OF MEETINGS

  • 5 Years of Minutes of Meetings, including Annual General Meetings and Strata Committee Meetings

  • Quotes for proposed major maintenance projects

  • Relevant email correspondence

5

BUILDING COMPLIANCE REPORTS

  • 10 Year Capital Works Forecast

  • Building/Engineers Reports

  • Work Health and Safety/Asbestos Reports

  • Fire Safety, Swimming Pool Compliance Certificates

  • Termite Reports

6

RELEVANT,

CURRENT MATTERS

  • Details of ongoing or past disputes (and breaches of By-Laws) if any in the complex

  • History of relevant maintenance, plumbing, water penetration or building matters

  • Information related to the specific lot

Additional information available by request

Strata Reports
for purchasers and vendors

Purchasers, Solicitors and Conveyancers

Vendors and Real Estate Agents