Just as you would purchase a building report for a property you are considering buying, you should have a Strata Inspection Report carried out to obtain all of the information about the owners corporation relating to your proposed property purchase.

Report that includes SRV inspecting all of the available records for the last 3 years

Important: We will contact you via email within 2 business days to obtain a few details about the inspection report that you would like prepared and we can then go ahead and book it all in.

We will have the report carried out for you within 2 business days of inspecting the books and records.

For all Urgent Reports we charge extra.

This report is designed for more complex properties, including those that have more than one owners corporation, a history of defects or disputes.

This report includes SRV inspecting all of the available records and archives associated with the owners corporation for at least 4 years and may at times need to include records up to 7 years.

Important: We will contact you via email within 2 business days to obtain a few details about the inspection report that you would like prepared and we can then go ahead and book it all in.

We will have the report carried out for you within 2 business days of inspecting the books and records.

For all Urgent Reports we charge extra.

We are driven to ensure that all owners of an Owners Corporation have the relevant information and tools to allow them to make astute and informed decisions, which will see their investment grow and help create a long term harmonious Community.

Experienced Strata Experts with 30 Years Combined Experience.

Our specialised team is always here and happy to assist with any questions you may have regarding your report and offer further explanations as required

We are from Sydney and recently moved into an OC Community at Point Cook. We were delighted to find that strata inspection reports were carried out here in Melbourne just as they are in Sydney, as we wanted to make sure we found out as much as possible about the OC and avoided any possible unexpected extra costs at a later date.

Jane at Strata Reports Victoria was so helpful and we found the report she prepared really useful and it definitely gave us peace of mind 🙂

Linda Stapleton

Point Cook VIC

WHAT IS A STRATA REPORT & WHY DO YOU NEED TO PURCHASE A STRATA INSPECTION REPORT?

A Strata Inspection Report may also be referred to as an Owners Corporation Report in Victoria and it is a vital report that a purchaser should obtain prior to purchasing or bidding on a property to purchase that is strata titled, company titled or community titled.

Purchasing a property is a huge financial investment, as such it is vital to ensure that you have done your due diligence to avoid any large unexpected expenses, repairs and stress with your new property.

It is prudent that you allow in your budget a few hundred dollars to purchase a Strata Inspection Report from a qualified inspection company, who have extensive strata management experience and are able to provide you with the information you need to make informed decisions with your property purchase.

It is essential that a potential buyer is informed of the governance and operation of the owners corporation, to allow them to understand their role and responsibilities as a member of the owners corporation which is effective as soon as settlement takes place.

A prospective purchaser who has obtained a Strata Inspection Report is armed with the knowledge and power to manage the entire purchase process and negotiate on a suitable purchase price.

Below is just some of the essential information that may be included in SRV’s Strata Inspection Report for your information:

 

  • The current strata manager
  • The current owner
  • The committee and what their roles are on the committee
  • How long the current committee have been in place
  • What your fee contributions and liabilities are and what the overall liabilities are at the property. This allows you to work out exactly what you will be paying and how your quarterly fees are calculated.
  • What your voting power (entitlement) is within the owners corporation
  • Whether there any proposed special contributions/fees
  • How the overall budget has been tracking • Whether there any upcoming major works that you should be aware of and whether the owners corporation raised monies for those works
  • Any current legal matters
  • Whether there is a maintenance plan and/or a maintenance fund
  • Copy of any special rules
  • Determine whether there any major disputes
  • The current value of the building and when the last valuation was carried out
  • The current financial position of the owners corporation and what has it has historically being like
  • The insurance for the building and the insured amount
  • Any building reports on file
  • Copies of minutes from committee meetings, annual general meeting and special meetings

Reach out to discuss your report needs

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