Documents reviewed manually
Our Strata experts carefully analyze every document to provide clear insights, ensuring you understand critical details
Concerned about strata fees or special levies? Don’t let these uncertainties hold you back from taking an informed decision.
We are pleased to introduce StrataReview.ca, your trusted source for Strata Documents Review, provided by experienced Strata professionals with in-depth knowledge of Strata management.
We simplify the often-complex strata documents, making them easier to understand and helping you identify most potential issues at a glance.
Purchasing a strata property means you’re not just buying a property, you are also becoming a shareholder in a strata corporation, governed by fellow owners. There are several strata documents that should be reviewed before you remove subjects on your potential home and commit to becoming part of the strata corporation.
Imagine investing $500,000 in a stock or asset you know nothing about, it’s simply not a smart move. This is one of your biggest investments, and addressing concerns about strata properties that are not well-maintained might save you substantial costs in the future.
Each Strata Corporation is run differently and it’s important to have a clear understanding of what you’re getting into before making one of the biggest purchases of your life.
Reviewing strata documentation is one of the best ways to determine how the strata corporation is managed, as well as its financial standing, helping you make an informed decision about your purchase.
💼 Standard Manual Review
📁 If Sections Are Involved
⚡ Rush Service Options (Subject to Availability)
🧾 Note:
Your manually reviewed strata report will be delivered within 3 business days after we receive the payment and Strata documents.
However, we are flexible and can adjust to your timeline to ensure you have enough time to review everything thoroughly. (Check our rush options under Fee schedule)
As part of a comprehensive strata document review, we carefully examine the following documents to help you make an informed decision:
📄 Form B (Information Certificate)
Includes key details like strata fees, contingency fund balance, and any outstanding levies or legal issues.
📬 Correspondence Related to the Unit including Alteration Agreements
Documents outlining any approved modifications made by the current or past owners.
📊 Strata Plan
Defines unit boundaries, common property, and limited common property.
🛡️ Strata Insurance Policy
Covers property insurance and deductibles applicable to the strata.
🗂️ Annual & Special General Meeting (AGM/SGM) Minutes (For Last 2 Years)
Details of decisions made by owners, including major repairs, bylaw changes, and financial approvals.
💰 Financial Statements & Budget (For Last 2 Years + Current Year Projection)
Provides insight into the strata’s financial health and spending patterns.
🏚️ Depreciation Report
Outlines the expected repair and replacement schedule of building components over time.
⚡ Electrical Planning Report
Assess current electrical capacity and future electric needs, particularly regarding electric vehicle (EV) charging.
📜 Strata Bylaws
The core rules governing how the strata building is managed and lived in.
📋 Strata Rules
Additional guidelines for shared spaces.
🧾 Strata Council Meeting Minutes (For Last 2 Years)
Provides a detailed view into regular operations, maintenance, disputes, and planning.