It's Sherlock Time!

If you're going through Strata documents when buying into a Strata!

Yes, more about those Strata docs.  There can be a lot to read or not, depending on the age & size of the Strata.  What is important is to ensure that all the documents, typically in a 2 year period are there.  That means cross referencing minutes, making notes while reading, & generally playing detective.

Sometimes, Strata minutes or something else may be missing & can simply be human error.  It happens! It's not intentional, but there may be something of value in that missing information, so it's important that the file is complete.

It can also occur when the listing agent relies on the owner to provide the copies.  That's unusual as a professional agent will order all from the Management company, as is required for the Form B, but it does happen.


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