Buyer's Condo Review - Level 1

We’ve had a lot of good feedback from Realtors who’ve tried out our services during our discount period. If you’re in need of a strata documents review, don’t hesitate to get in touch. We’re always here to help!

If you haven’t had a chance to work with Condo Clear in the past, this is a great opportunity to see the value we are able to bring to your real estate transaction.

A Buyer’s Review - Level 1 includes a review of the following:

• Form B

• Financials

• Depreciation Report (we draft a custom 10 year projection of your unit’s potential special levies, see below)

• Bylaws/Rules

• Insurance

• Strata Plan / Form V; and,

• AGM Minutes (two years)

This review is intended to provide a summary of the strata corporation’s financial position, past, current and future.

Having a good understanding of the potential special levies a unit will have to pay over the next 10 years allows consumers to make a more informed decision when it comes to the biggest purchase of their life. That’s why we build a custom projection, based on the information in the strata’s latest depreciation report. The “Total Potential Levies” is the amount the buyer may need to pay in special levies over the next 10 years. Here’s a sample: