#65365
Jimmy-T
Keymaster

    There is no need for any buyer to pay for such a report unless they are under contract and need an updated financial position prior to settlement.

    We have a similar system in NSW.  But a proper strata report is something else entirely and can be a deep dive into the minutes, agendas and decisions of the committee, as well as a look at correspondence and finances.

    There is at least one thread on this site where a purchaser was not told that, even though the block had pet-friendly by-laws, they were actively considering banning pets. And, in fact they did so between the purchaser making an offer and finalising the purchase.

    A proper strata report would have revealed that and save a lot of stress and distress (all of which is redundant now, of course).

    If you want to be alerted when anyone replies to your posts or responds to this topic, please register and login, then you will be able to subscribe to the topic. The opinions offered in these Forum posts and replies are not intended to be taken as legal advice. Readers with serious issues should consult experienced strata lawyers. NB: Longer threads may spill over to additional pages - look for the numbers on the bottom right, under the last post.