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Tip 34 – Buying – Due diligence – Body Corporate Records

The body corporate records don’t just tell you what the outstanding contributions (levies) are. They’re a wealth of information about the relationship between the outgoing resident manager and the committee, the state of repair of the building and a whole heap of other things that you will want to know about as a buyer.  Ensure that your lawyer uses a competent search agent to review the records.