Illustrative example · Not a real property
Sample strata report
A preview of the due-diligence findings a buyer can review after uploading a strata report and meeting minutes. Every detail here is fictional.
All figures, clauses, page references and findings below are invented to show the report format. They do not describe an actual building or contract and are not legal or financial advice.
Overall strata score
58/100
The sinking fund may not cover the quoted roof works. Ask for the latest budget, approved works schedule and any proposed special levy before exchange.
Illustrative snapshot based on two fictional documents. Estimates only — not financial or legal advice.
Critical red flags (1)
Deal-affecting issues found in the example documents.
Roof repair funding gap
The fictional roof repair quote is $180,000, while the example capital works fund balance is $110,000. A special levy or revised budget may be needed; the report does not assume one has been approved.
Example evidence: capital works statement p. 8; AGM minutes p. 14. These page references are illustrative, not links to source files.
Watch list (2)
Recurring water ingress
Two fictional meeting records mention leaks on the upper floor; no completion certificate appears in this example. AGM minutes pp. 11–12.
Insurance premium increase
The example premium rose from $24,000 to $31,000. Ask whether claims or building condition contributed. Financial statement p. 9.
Ask the vendor or sales agent
- 1.Has the roof repair been approved and how will the funding shortfall be paid?
- 2.Can you provide the most recent capital works budget and levy notices?
- 3.Were the water ingress repairs completed, and is there a warranty or completion certificate?
Not disclosed in the example documents
Current insurance certificate and a post-repair inspection report. Missing information is not evidence that a problem exists or has been resolved.