When I think of the number of schemes I have managed over the years and the number of section 118 and now, under the new Strata Schemes Management Act 2015, section 22 certificates issued – these far outweigh the number of searches carried out by prospective purchasers. I am not sure why they are disproportionate, considering for the average person, the purchase would be one of the biggest expenditures one makes in a lifetime.
What I have also noticed is that when searches are carried out, they rarely involve looking through emails and communications especially to, from and between the strata committee members. I find this fascinating that they are so often overlooked as they are the window to what is going on in the scheme.
Notes or emails about what people call informal meetings. I discourage informal meetings…..do they have something to hide or is the committee being penny wise, pound foolish by not having the strata manager attend? The answer is usually yes. Then the further question that flows from that answer is why is it necessary to hide something? The answer to this may be because someone or more people don’t want others to know, particularly if it is believed that they won’t be able to do something if is made public.
Buying off the plan or during the Initial Period