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    Cosmo
    Flatchatter

      Hi I was just wondering if anyone has some helpful comments in regard to the below.  Primarily we are concerned about what we should do and charge. 

      We are a small 5 unit strata.  We have always self managed.  One owner is selling their unit.  The procedures have become more formal than last time a unit was sold. 

      A strata firm has written and asked the strata for a lot of details and copies of documents.  We are quite happy to provide what we can of those requested as there is nothing to hide.

      The firm hasn’t mentioned s184 certificate nor any section of the Act just that they act for a potential vendor.  Many of the things requested are listed in section 184.  However they have asked for a lot more.  Interestly they haven’t mentioned any payment to the strata.  

      To just find out if we have some of the things they have requested and compile them will take time maybe 4 to 5 hours.

      The prescribed fee for a s184 certificate appears to be $119.90.  A certificate being a very formal document.

      Should we just give one of those and answer those listed in that section; or not do a certificate and supply (or at least try to) the list of things asked for and charge (how much $) for the time taken to locate and compile what is asked for?

      Hints or suggestions?

      Thanks

    Reply To: Strata documentation to be given to Potential buyer
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    Forums Buying and Selling Current Page