Sydney Property Insider Podcast

This week, Michelle delves in to the world of strata. If you’re looking for a property that is strata title, what should you be looking for in the strata notes? HERE’S WHAT YOU’LL LEARN FROM TODAY’S EPISODE:   Why it’s important to get a copy of the strata notes; Where to start, and why looking at the funding position is key; Sinking funds/Capital Works funds, and why they’re important; Strata manager rule of thumb guidelines to start with; Special levies, what have been charged to date and for what purpose; Sinking fund forecasts, why they’re a good thing to look for; The executive committee, the history of the AGM’s; Is the committee meeting its annual requirements (eg. fire safety compliance); Where things can go wrong with a new building; History of the builder; Websites to take a look at; And Understanding your potential share should you raise concerns in due course.   LINKS OR ARTICLES WE MENTIONED:   Your Strata Property Strata Man   SPEAKERS IN TODAY’S EPISODE Michelle May - Sydney Buyers Agent M