The From B is an  important document that you are going to want to order (Valid for 30 days) before you remove subjects on the condo or townhouse. Think of the Form B as a snapshot of the current situation of that strata unit as well as the Strata Corp you are buying into which provides lots of valuable info.

Some of the key things you will find on the Form B:
What is the current monthly Strata Fee?
Is there any money owning to the Strata Corp by the existing owner?
How much money is in the Contingency reserve fund?
How is the parking and storage locker allocated?
Are there any court proceedings or judgments against the strata?