Over several columns, I’ve explored some of the ways different artificial intelligence tools can assist with buying and selling real estate.

To wrap things up, I thought it would be interesting to see whether AI can analyze a large and complex document, specifically a strata report, and provide meaningful insights.

If you’re considering purchasing a strata property, you’ll receive a strata document package as part of your due diligence. I’ve written about this before but to quickly recap, the package includes key information such as financial statements, a depreciation report (which outlines upcoming maintenance and long-term planning), insurance details, and meeting minutes covering at least the past two years.

In short, it contains everything that’s happened in the past 24 months and most of what you need to know to make an informed decision, not just about buying a home but about buying into a shared community as a part owner of the entire complex.

A quick note about the document I’m using. It’s 284 pages long and packed with important information. It includes the strata bylaws, financial statements, annual general meeting minutes, two years' worth of strata council meeting minutes, an insurance coverage summary and the “Form B” information certificate.

There’s a lot to go through. The key challenge will be asking the right questions to make sure I get insights that are truly useful.

My instruction was, “Analyze this document. It........

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