Before purchasing a strata title property you should be aware of the following issues:
- What would I actually own in a strata scheme?
- Owners corporation and executive committee
- What are levies?
- Are there any meetings I would have to attend?
- What are the by-laws/lifestyle restrictions?
- What should I do before signing a contract?
- Buying ‘off the plan’
- The contract
For the answers to these questions, see the Office of Fair Trading. ..home_owners/Buying_property.
AND the Law Society of NSW:
For Strata living generally: