We provided another response to a LookUpStrata readers question. The reader recently moved into a strata building, and wanted to know how to go about organising a roof repair with limited funds available in the sinking fund. In summary, the roof is common property and as such a repair should be requested by the Executive Committee and…
Leanne provided an answer to a reader’s question on LookUpStrata. The reader wanted to know how you can find out what your quarterly strata levies are. You can read Leanne’s full response by hitting this link.
Jimmy Thomson from the Flat-Chat website wrote a great post on the importance of good strata managers. “Fair trading … received 800 enquiries about strata managers and 48 official complaints last financial year – a rise of 50 percent on 2014-2015.” “Strata schemes can be cash cows where, often, investors vote for the lowest cost option…
We 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…
Our own Leanne Habib helped our friends at LookUp Strata with a reader query regarding strata levies. You can see our response here.
In a previous article we wrote, titled Strata Fees, Strata Levies, Management Fees. What’s the difference?, we explained that the amount you pay in strata levies are typically dependent on three factors: the location and quality of your building and the facilities offered. Levies can be kept artificially low in a number of ways. For example,…
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