Strata Fees, Strata Levies, Management Fees. What’s the difference?

Strata Fees, Strata Levies, Management Fees. What’s the difference?

In a previous article, we explained how a Strata Plan is funded. All owners in a building are required to pay Strata Levies. In this article we will provide some more details around strata levies, also known as strata fees, and strata management fees. Strata Levies Strata Levies are typically raised quarterly and collected on behalf…

Strata Title, Strata Scheme, Strata Plan. What is the difference?

Strata Title, Strata Scheme, Strata Plan. What is the difference?

You may have heard of the following terms mentioned in your regular strata related dealings: Strata Schemes, Strata Plan and Strata Title. You may even understand that somehow they are all related, but how exactly, that remains a bit of a mystery. In this article we will try and demystify this terminology for you. Please note: this…