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SOLICITOR BRIEFING PACK
12/45 Harbour Street Sydney NSW 2000
Date of Inspection: 02/05/2026 · Published: 26/05/2026
STRATA PLAN
SP86797
LOT
Lot 12
RECORDS
02/2024 — 04/2026
At a Glance
Three matters require special conditions and solicitor action before exchange.
An unresolved cladding class action with no confirmed insurance coverage for individual lot owners, an unconfirmed builder's defect security deposit for a building registered in 2018, and $21,197.00 in window replacement costs due this year with no confirmed funding mechanism. Each of these matters requires a special condition and written confirmation before your client can exchange safely.
Citations✓confirmed○cited▲inferred
EXCHANGE-BLOCKINGCladding Class Action Condition
The vendor must, before completion, provide written confirmation from the strata manager that the scheme's insurance policy covers individual lot owners in respect of the cladding class action and that no claim has been made against Lot 12.
EXCHANGE-BLOCKINGBuilder's Defect Bond Condition
The vendor must, before completion, provide the amount, expiry date, and current status of any builder's defect security bond or deposit held in relation to SP86797. If no bond exists or has expired, the vendor must provide written legal advice from the owners corporation's solicitor addressing the owners' rights.
The vendor must, before completion, provide written confirmation from the strata manager of the funding mechanism for the $2,714,000.00 scheme-wide window replacement programme, including the date of any special levy call and whether Lot 12 is liable at or before settlement.
RECOMMENDEDLevy Clearance Condition
The vendor must, within 5 business days before completion, produce a levy clearance certificate from the owners corporation confirming no arrears are outstanding for Lot 12 as at the date of settlement.
✓
Cladding class action — insurance confirmation received in writing
EXCHANGE-BLOCKING · before exchange
✓
Builder's defect bond — amount, expiry date, and current status confirmed
EXCHANGE-BLOCKING · before exchange
✓
Window replacement levy — funding mechanism and timeline confirmed with strata manager
EXCHANGE-BLOCKING · before exchange
✓
Parking mediation — written outcome from strata manager confirming no costs order
RECOMMENDED · before exchange
✓
Levy clearance — Lot 12 confirmed clear at settlement date
SETTLEMENT · at settlement
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Ben
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Independent Review + Executive Report
Independent strata review and executive summary. Every finding sourced, ready for your solicitor to read.