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BODY CORPORATE RECORDS SEARCHES AND REPORTS

The facts: 

  • Real Estate Institute of Qld (REIQ) Sales Contract nor a basic Disclosure Statement bear no obligation to reveal any more than the current body corporate financial status and the current Administration and Sinking Fund Contribution Amounts.
  • Sinking Fund forecasts that predict building maintenance and on-going capital expenditure needs are only revealed and analysed through a comprehensive body corporate records search.
  • If disputes exist between owners, body corporate committees, on-site managers or caretakers; a body corporate records search will invariably expose these.

The purchaser needs:

  • Awareness of the structural condition and financial position of the building and the body corporate Sinking Fund to decide to proceed beyond the ‘unconditional contract’ stage of any purchase agreement.
  • Pure peace of mind knowing that there are no prevailing problems that are going to impose an unplanned-for financial burden in the form of a Special Levy on every Lot Owner.

Property & Co’s reports are detailed and informative, give us a try!

PRICE GUIDE

Full Disclosure Statements                                                 $125.00 (inc GST)

(including Minutes, Sinking Fund Forecast and CMS)

Comprehensive Body Corporate Records Search                 $255.00 (inc GST)

(includes D/S information)

Other services available upon request, please do not hesitate to contact us or enquire.

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