What is a Strata Records Inspection Report?
These are important when buying a unit, townhouse or villa. This inspection is carried out in accordance with section 108 of the strata management act. The report includes the financial status of the plan, pending building works, and special levies, past works history, all expenses for the past two years, 10 year budget analysis and SSM act compliance issues. These include general information of insurances, by-laws, any disputes or areas under investigation.
