This Q&A providing information about carrying out a strata search in WA and what you need to know when you are purchasing strata property has been answered by our WA Strata helper – Strata Martyr.
Question: We are trying to find out what searches / certificates are available or required when selling or buying a unit in WA. What strata search WA documents should we be looking for?
We are trying to find out what searches / certificates are available or required when selling or buying a unit in WA.
I know there are the usual plans etc from Landgate however surely the Strata Managers provide some information for a seller or buyer.
Answer: Landgate is a fantastic organisation that can supply you with reports on the property you wish to buy letting you know previous sale prices and prices in the area for similar among other reports
The information I suggest is not the end-all of information as there are many variables outside of these that may relate to market influences and or local, state or federal law, personal preference and location.
In the Strata Titles Act 1985, also take a look at Section 43. The Section 43 form will be sent to the Strata manager who is the “Keeper of the Strata Company records” and they will present a Section 43 Certificate – a Certificate submitted by the Buyer’s representative (settlement agent/lawyer/conveyancer) to the Strata Company or the Strata Company Manager to obtain levy and insurance information. There are plenty of people who can do an S43 for you (at a cost always).
Landgate is a fantastic organisation that can supply you with reports on the property you wish to buy letting you know previous sale prices and prices in the area for similar among other reports (at a cost always).
- NSW: 10 Steps to a DIY Strata Report
- 3 Key Things To Research When Considering Buying A Strata Unit: Don’t Shy Away From It
- Landgate Strata Fact Sheet: Buying into strata
This post appears in Strata News #136
Note: this is an opinion only and suitable specialists in these areas should be sort for clarification on all points.
Looking for someone to carry out a Strata Search / Report in your area? Search within our Strata Services Directory in the category Strata Reports for the best list of contacts available.
Have a question about buying strata and obtaining a search in WA? If you’ve got something to add to the article, please leave a comment below.