Our Strata Searches Reports
Our strata inspection reports provides prospective purchasers with easy to understand strata inspection reports and if you have any questions - our inspectors are always available by phone to provide further explanations.
Our strata inspection reports provide you with essential information that you need to know when purchasing an apartment that includes:
- Evidence of Proposed Major Expenditures under consideration by the Owners Corporation
- A history of past Special Levies struck by the Owners Corporation in the past 5 years.
- Evidence of harmony issues between residense in the building.
Other areas covered in our reports include:
- Official Documentation
- By-Laws
- Notices and Orders
- Insurance Details
- Maintenance Levies
- Financial Extracts of Budgets
- Fire and OHS Compliance
(please click on each section below to see an explanations and examples)
Follow Property News On Our Twitter Feed
Official Documents of The Strata Scheme
Offcial Documents are those which govern the make-up and responsibilties of the Strata Managing Agent, Owners Corporation and Individual Lot Owners of a Strata Scheme. They are the foundaton of an Owners Corporation and are held by the Strata Managing Agent on behalf of the Owners Corporation. The sections of our reports that cover these documents are:
Strata Managing Agent
This section of the report provided contact details of the Strata Managing Agent as well as details of the Strata Managing Agency Agreement (SMAA). The SMAA is the signed contract between the Strata Managing Agent and the Owners Corporation and outlines the duties of the Strata Managing Agent. This sections notes the date on the contract and the License Number of the Strata Managing Agent as well as whether the Strata Managing Agent was appointed by the Strata Schemes Board, which may denote serious issues within the Owners Corporation.
See a sample of the Strata Managing Agency Section of our reports»
Certificate of Title
This is a government issued document held by the
Strata Managing Agent on behalf of the Owners Corporation. It confirms the allocation of Units
of Entitlement (U/E's) for each individual unit within a Strata Scheme. Our reports include
the relevant details of this document for indiviual lots as it allows the prospective purchaser
to confirm levies calculations against other Financial Documentation. The Certificate of Title
also contains registration numbers for Additional By-Laws. However, details of additional
By-laws are noted in the By-Laws section of our reports.
See
a sample of the Certifiacte of Title Section»
Strata Plan
A Strata Plan looks similar to architectural plans and contains a date of Strata Plan registration that we include in our report. This date lets you know how long ago the building was registered as a Strata Scheme.
See a sample of the Strata Plan Section»
Strata Roll Information
The Strata Manager must keep a roll of all the Owners of Lots within a Strata Scheme up to date and in a format that contains the owners name, owners address and mortgage information of all Lots. The Strata Roll must also contain current Insurance information and a copy of the By-Laws of the Strata Scheme. However, most Strata Rolls are now maintained as part of a computerised program, rather than in hard copy. The Strata Roll section reports on information held in the Strata Roll for the Unit being purchased.
See a sample of the Strata Roll Section»
By-Laws
The By-Laws are the rules that govern the rights and responsibilities of Occupants within the building. Additional By-Laws and Special By-Laws that may have been registered by the Owners Corporation are noted in this section.
See a sample of the By-Laws Section»
Contact Section 108
For enquiries regarding any of the inspection services offered by Section 108 Strata Searches, please:
- Phone (02) 9660-5870 .
- Contact us.
- Order a Strata Inspection online.