These Topics Coming Soon
Talk to the
owners.
What to ask the
Strata Council.
Looking at the minutes.
Budgets - why they are so
important.
Buying from a Developer
Building Inspectors | | Building Inspectors | Recently
a building inspector was hired to inspect a townhouse for a prospective
buyer. This inspector had no understanding of where the new
owner's property would end and the common property begin. He told the
buyer that "her" roof needed to be replaced and that she could expect a
huge bill to cover her share of the roof replacement if she bought the
condo.
Fortunately
the buyer consulted the Strata Council Treasurer who explained about
the money held in reserve for a new roof. The Treasurer also showed her
the roofer's annual reports and the schedule for roof
replacements. This meant that the new owner would be buying
into a complex where it was unlikely that she would ever have to pay
out
unexpected money for a new roof.
The building inspector's
report was misleading and demonstrated that he did not understand the
maintenance of common property in a well managed strata complex.
We are looking for a short article about the knowledge that building inspectors have of Strata Properties. If you are interested
in writing this article send us a draft and we will consider
putting it in this space.
Please send it to:
(We are also looking for pictures to put in the top left of each web
page - send us a picture of a strata property and we will try and
include it in this website - jpeg pictures please)
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