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STATEMENT OF INFORMATION 4 MAH LAN CLOSE, HILLSIDE, VIC 3037 PREPARED BY DAVID DAMMIT, PROFESSIONALS CAROLINE SPRINGSStatement of InformationSingle residential property located in the Melbourne metropolitan
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01
To fill out a condominium information statement, follow these steps:
02
Start by reading the instructions provided with the form carefully.
03
Fill in the basic information about the condominium such as the name, address, and contact details.
04
Provide details about the physical features of the condominium, including the number of units, common areas, and amenities.
05
Include information about the financial aspects of the condominium, such as the annual budget, reserve funds, and assessments.
06
Fill out any additional sections or disclosures required by your local jurisdiction or condominium association.
07
Review the completed form for accuracy and completeness before submitting it.
08
Sign and date the form to certify the information provided.
09
Make copies of the completed form for your records and submit the original to the appropriate authority.

Who needs condominium information statement for?

01
The condominium information statement is typically needed by individuals or entities involved in the purchase, sale, or management of a condominium. This may include:
02
- Prospective buyers of a condominium to assess its suitability and financial health.
03
- Real estate agents and brokers who need to provide accurate information to potential buyers.
04
- Condominium associations or management companies in order to comply with legal requirements and provide transparency.
05
- Lenders or financial institutions for evaluating loan applications related to condominiums.
06
- Legal professionals involved in real estate transactions or dispute resolution related to condominiums.
07
- Government agencies or regulatory bodies overseeing condominium developments or associations.
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The condominium information statement provides essential details about a condominium corporation to prospective purchasers and owners, ensuring transparency about the property's governance and financial status.
The condominium corporation is required to file the condominium information statement annually with the appropriate regulatory authority.
To fill out the condominium information statement, the corporation must gather necessary financial and operational information, complete the specific forms provided by the regulatory authority, and submit them according to the prescribed guidelines.
The purpose of the condominium information statement is to inform current and prospective buyers about the status of the condominium corporation, including its finances, rules, and any legal issues.
The information reported must include details about the condominium's governance, financial statements, number of units, current management, and any relevant legal matters.
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