Does a strata management company know when a unit is for sale in a complex they manage?
During the conveyancing process, the purchaser's solicitor/conveyancer will ask the current strata managing agent for a Strata Information Certificate.
Generally speaking, yes, because at some point during the conveyancing process, typically, the purchaser's solicitor/conveyancer will ask the current strata managing agent for a Strata Information Certificate under Section 184 of the Strata Schemes Management Act 2015 (NSW). This document discloses statutorily required information (relating to the sale of the lot and the subject strata scheme) with the consent of the current owner of the lot.
Further, on settlement, a Section 22 certificate is provided to the strata managing agent to advise of sale and the incoming purchaser's right to vote and the date upon which that interest arose.
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Leanne is leading the conversation in strata and community management across Australia. With a distinguished career spanning over 25 years and holding credentials as a licensed Strata and Community Manager and Real Estate Managing Agent, Leanne has masterfully redefined the essence of premium strata service. Her approach, honed through years in senior roles within top-tier agencies, is unwaveringly client-focused, ensuring that expectations are not only met but consistently exceeded.
As a pivotal member of the Strata Community Association (SCA) and the CEO of the award-winning Premium Strata, Leanne, together with her team of seasoned strata managers, embodies a commitment to unparalleled service excellence. Beyond steering Premium Strata and Premium Building Management, her influence extends across the property industry as a leading voice. Leanne's insights on legislative updates and industry shifts are invaluable, offering guidance to lot owners on intricate strata matters and fostering effective and informed strata management practices.
Leanne is a regular contributor to Lookupstrata.
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