New strata legislation: Right to request levies payment plan

Dollar sign with logosWe wanted to share this article written by JS Mueller & Co lawyers.

It explains that as of 1 December 2016, under the new strata legislation owners will now be entitled to request the owners corporation to agree to a payment plan for levies in arrears.

Before the owners corporation can accept a payment plan they will need to have such a request properly approved at a general meeting.