What strata documents must be disclosed to buyers and can you request building inspections and outstanding fees

As part of the sales disclosure requirements, the current owner or their agent are required to disclose limited strata information to buyers. Strata levies are one of these items, along with AGM documentation which may show future special levy costs.

A building inspection is not a mandatory document to be provided under the sales disclosure requirements. If a strata scheme is mandated to obtain a 10yr maintenance plan outlining cap ex budgeting and spending, then this may be included in the AGM documentation required to be supplied at the time of disclosure. If it’s not included, however, then the seller is not obligated to supply as a stand alone document. The buyer would have to obtain a copy by making an application to inspect the records.