Artificial Intelligence

The Use of Artificial Intelligence in Condo Document Reviews.

In recent years, AI tools have been introduced into the condo document review industry. While we believe AI has its place in some industries, we do not believe a full condo document review should be handled solely by AI. After testing several of these platforms, we found errors in every report generated by these AI tools. The main errors we found were incomplete bylaw reviews and wrong financial number outputs. Did you know who the AI Review creators asked to help them make their platforms? Condo document reviewers! The creators did not know what to look for in a review or where to start.

Although AI reviews may appear less at first glance, in reality, they often cost just as much or even more. The base price typically covers only a basic review, and if you want an “expert” opinion or additional detail, you have to pay extra. At that point, we think it makes more sense to work with a professional from the start, as they are able to take the complexity of the condo corporation and connect the dots.

Condo document reviews require connecting numerous details that AI cannot capture. AI may be new and exciting, but it still has clear limitations.

What to Watch For

These AI companies will use terms like “reviewed by a human” or “human experts to talk to” but they hide the fact that their reports are AI generated and then a human will then “look it over” and that is the person you can talk to. The fault we see in that is that a human was not the one who reviewed all of the documents and got to understand them; AI did. So how can someone explain a report to you that they did not actually review the documents themselves?

Be sure to ask your reviewer how they use AI in their company.

*The above content was written by Greg, our human reviewer.