+ What is an Eli Report for Condo & HOA Document Review?
The Eli Report is a specialized real estate due diligence tool designed for buyers, realtors, and lawyers to analyze condo, strata, and HOA documents with precision. Our software generates an automated summary of complex building records, including board minutes and financial statements, highlighting critical “red flags” in under 10 minutes.
+ How does Eli Report simplify HOA and Strata transparency?
Eli was created to solve the “information gap” in the multi-family real estate market. By providing an efficient way to perform condo document analysis, we help real estate professionals offer a higher level of service. Our reports ensure that stakeholders make informed decisions based on factual data regarding building health and governance.
+ Can I use Eli Report if I am a first-time condo buyer?
Yes! While Eli is a favorite tool for realtors and property managers, it is available to anyone involved in a condo or townhome purchase. If you are a prospective buyer, you can generate a report yourself or ask your real estate professional to provide an Eli Report to help you understand the resale disclosure package.
+ Is Eli Report available in my state or province?
Eli Report provides nationwide coverage across Canada and the US. Our software is programmed to understand regional nuances, whether you are dealing with Strata documents in British Columbia or HOA disclosures in California.
+ What is the cost of a professional Condo Document Summary?
We offer flexible pricing to fit every need, from individual pay-per-report options for homebuyers to annual subscriptions and enterprise plans for high-volume real estate brokerages and law firms. Check our Pricing Page for the latest rates.
+ Does Eli Report provide investment advice or purchase recommendations?
No. Eli Report is a data extraction and summary tool. We provide a factual, unbiased overview of the documents you upload. Our reports do not offer opinions on the “value” of a property or recommendations on whether you should buy; we simply ensure you have all the facts to make that choice yourself.
+ Does the report cover specific unit details or building-wide issues?
The Eli Report primarily focuses on building-wide data, such as special assessments, litigation history, and reserve fund adequacy, because these impact every owner. However, if the uploaded documents contain unit-specific information (like unauthorized alterations or specific repair history), our software will flag that data in the relevant category.
+ Where do I get the condo or HOA documents to upload?
Eli Report does not provide the source documents. To generate a report, you must obtain the condo corporation records, resale certificate, or strata minutes from the property manager, the seller, or a third-party document service. Once you have the PDFs, Eli handles the rest.
+ How does Eli Report help Realtors manage liability?
By using Eli Report, realtors can provide a standardized, comprehensive summary of disclosures to their clients. While it does not waive professional obligations under acts like the Real Estate Services Act, it acts as a powerful “second set of eyes,” ensuring that no critical detail in thousands of pages of documents is overlooked.
+ Can I get an Eli Report for a single-family home?
Unfortunately, Eli is only available for condo/multi-family units which belong to a strata corporation, condo corporation or HOA.
+ Why is Condo & HOA Document Review Important?
Reviewing condo and HOA documents is essential for uncovering hidden liabilities before you commit to a purchase. A thorough review identifies critical “red flags” such as upcoming special assessments, underfunded cash reserves, ongoing building litigation, or strict bylaws that could heavily impact your ownership experience and financial bottom line.
+ What Documents Does Eli Report Review?
Eli Report analyzes a comprehensive range of multi-family real estate documents. You can upload board meeting minutes, annual budgets, engineering studies, depreciation reports or reserve fund studies, certificates of insurance, and the community’s rules and by-laws.
+ How Long Does Document Review Take?
Our proprietary extraction engine works extremely fast. Once you upload your resale disclosure package or strata documents, your structured Eli Report summary is generated and delivered to your dashboard in under 20 minutes.
+ What if I don’t have all my documents ready?
You can start a report with the files you currently have on hand and add more to the system as they become available