Understand the monthly cost
Look at strata fees alongside mortgage payments, taxes, insurance and utilities. Ask what the fees include and how the budget has changed.
Review the documents
Ask your professional advisers about strata minutes, bylaws, financial statements, insurance and the depreciation report. Discuss any known or proposed special levies.
Think about the way you live
Confirm parking and storage arrangements. Read the rules for pets, renovations, rentals and common spaces. Check the details instead of relying on assumptions.
Look at the building, too
Pay attention to common areas and maintenance. Ask about upcoming work, warranties and the responsibilities that come with your unit. Bring questions to Jay and your legal adviser before making decisions.
Your next step, made simpler.
Bring your questions to Jay. For lending, legal or tax decisions, confirm your situation with a qualified professional.
Let’s talk Further reading