All You Need To Know About Pre-Purchase Strata Reports

A pre-purchase strata report is a document detailing the current state, rules and regulations of a strata scheme. It contains the strata bylaws, financial and management information. In the excerpt below, you will learn more about pre-purchase strata reports and why you need the document before buying a unit in a strata scheme.  Components of a Pre-Purchase Strata Report The pre-purchase strata report contains the following: 1. The Condition and History of the Property