Video Explainer – Buying into strata? The report
Buying into a strata?
What is the Strata Report; Section or Search document?
- Financial health—Are levies up to date? Are there special levies?
- Maintenance history—Any major repairs coming or works placed on hold?
- Disputes—Are there ongoing issues in the building?”
This report forms part of the Form 1 document helping you to avoid surprises and make informed decisions Such as:
- Can I keep a pet?
- What are the insurances?
- What is my share of costs?
Always ask questions before you buy. Learn more at Stratarama.com.au
No two Strata groups have the same costs, maintenance and levies
If you have any questions about strata management in Adelaide contact us at:
Stratarama
08 8276 0426
It’s your Community.
This article and the information provided represents general advice and does not take into account any specific financial situations, objectives or needs of an individual or Body Corporate/ Strata Corporation. Before you make any decision about whether to acquire a certain product, you should read the relevant product disclosure statement, policy wording and/or consult your Insurer.
