Stumped said: …. Do I need to have paid a deposit before I’m allowed to inspect the records, or can I just make an appointment with the Strata Manager to look at the property’s records?
In NSW it’s normally the case that the Owner or Agent has information on the amount of the Strata Levies, Council, and Water Rates with the Vendor’s Contract of Sale for the property.
If you’re interested in purchasing the property you pay 0.25% of the sale price as a deposit to the Owner or their Agent and sign the Contract of Sale, after which you then have 5 business days to conduct all your inquiries, including a search of the Owners Corporation’s records by the process that Jimmy advised, after which time you either pay the remainder of the deposit (9.75%) and exchange Contracts (of Sale) with the Vendor or pull-out; and in the latter case forfeit your 0.25% deposit.