› Flat Chat Strata Forum › Collective sales – the 75 percent solution › Should I buy? Collective sale process is underway . . . › Current Page
29/08/2018 at 12:28 am
#30304
I would want to know why the rest of the owners are thinking of selling. Is it opportunistic or are there problems that they have been keeping quiet (until your vendor has sold) that they can’t afford to fix?
The tax issue is a trade-off and you should get advice on that. But I would be asking your conveyancer for a forensic study of the strata minutes before getting the chequebook out. And talk to the other owners if you can – they might know why the vendor is selling at such an odd time.