Can I see the financial statements for the Strata Company?
Written by Jessica Tait
Updated at January 17th, 2021
- (Sample) Using Helpjuice
-
Import
Water Run Off Buying Strata Strata Titles Act of Western Australia Lot Boundaries Strata Plan and Other Plans Strata Titles Act Regulations, Standard By-Laws & Management Statements Tenanting Your Property Alteration to a lot/ installations Common Property Employing Contractors Funding Access for Maintenance Fences Contractors Electrical Gas Plumbing Pests NBN Swimming Pools & Spas Building Warranties Strata Companies Levies Financial Strata Manager Strata Council Insurance Paint AGM’s
<h5 class="font_5">If you look at the financial statements, you will be able to find out a few things. You should be able to get an idea of the outlay for repairs and maintenance (or lack of outlay, which can be just as concerning). You can also see what the financial position is for the strata company – how much is in the sinking fund, for example, and whether most owners are paying their levies on time.</h5>