Purchasing a condo involves considering the responsibilities and financial standing of the condo corporation itself. A condo document review is similar to having a home inspection completed prior to purchasing a single-family home, but the main points of the review are financial.
It’s important to fully understand the bylaws and rules before committing to a purchase.
CDRA specializes in condominium documentation review, providing our clients with peace of mind.
We continue to explore ways that we can add value to our clients. Our business is to present the facts in a manner for a buyer to make an informed decision.
Regardless of the reason for considering a condo, knowing what you are buying into is as important as the unit itself.
Our team will evaluate plans,
reserve fund study, financial statements, operations budgets, management contracts, meeting minutes, bylaws, insurance, and engineering reports
(if required) and give you an informative summary of objective data that will allow
a buyer to make an informed decision
and mitigate their financial risk.
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