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Reviewing a Shared Building Profile (Conveyancers/Solicitors)

A guide to reviewing the building profile shared with you so you can assess risks, identify missing information and support your client’s contract decisions.

Updated over 2 months ago

Who this article is for

Conveyancers, solicitors and legal advisors who receive Cohabit building access during due diligence.


What this article covers

  • What you can view in a shared profile

  • How to navigate building sections

  • Key red flags to check

  • What to ask your client or agent

  • How to use the information during contract review


What you receive when a building profile is shared with you

You’ll receive a secure link granting read-only access to:

  • Building Snapshot

  • Health Score

  • Compliance and renewals

  • Insurance coverage

  • Financial and valuation indicators

  • All uploaded documents

  • Expert Reports (if available)

You do not need a Cohabit account to view this information.


How to review the profile effectively

1. Start with the Building Snapshot

This gives you a summary of:

  • Key risks

  • Financial indicators

  • Recent renewals

  • Insurance status

  • Building condition signals

This helps determine where to focus your review.


2. Check compliance and renewals

Verify whether:

  • Fire compliance (AFSS) is current

  • Lifts and pool certifications are valid

  • Valuations are up to date

  • Insurance documents are complete

  • Key certificates are missing

Missing or expired items may affect contract conditions.


3. Review insurance details

Look for:

  • Policy dates

  • Building sum insured

  • Exclusions or known risks

  • Gaps flagged by the manager or Expert

Insurance can be a major risk driver in strata buildings.


4. Examine financial indicators

Check:

  • Capital Works Fund forecast

  • Contribution levels

  • Special levies

  • Funding for planned works

  • Any signs of shortfalls

These help you assess future costs for your client.


5. Cross-check building documents

Review:

  • Meeting minutes (if provided)

  • Condition reports

  • Defect notices

  • Engineering assessments

  • Compliance certificates

  • Valuations

Missing documents may require follow-up with the agent or seller.


6. Read the Expert Report (if included)

The Expert Report summarises:

  • Building risks

  • Structural concerns

  • Financial and compliance issues

  • Areas of uncertainty

  • Recommendations for due diligence

This can significantly reduce your review time.


What to ask for if something is missing

If important items are missing, request:

  • Updated certificates

  • Insurance details

  • Strata financials

  • Clarification from the strata manager

  • Additional historical documents

Cohabit makes it easy to identify gaps early.


FAQs

Can I download documents from the profile?

Yes — documents can be downloaded for your files and contract review.


Why is some information unavailable?

This usually means the strata manager or owner has not uploaded the document yet.


Can I share the profile with others?

You should request a new access invitation for each party.

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