NSW: Q&A Special Levies, Levy Payments and Overdue Levies

Question: How can I stop the never-ending nightmare of raising special strata levies? We purchased a unit in April 2018 with special levies meant to finish in June 2020. The strata have continued to raise special levies and the quote agreed on in 2016 (apparently) has more than doubled. I want this money back. I…

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NSW: Q&A Special Levies, Levy Payments and Overdue Levies

  Question: My strata manager is withholding some of my levy notices. How do I ensure these late notices are sent to me, as the strata manager is ignoring my emails? I think my strata manager is withholding some of my levy notices. They say I am unfinancial, therefore I could not vote at the…

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NSW: Q&A Special Levies, Levy Payments and Overdue Levies

Question: We receive a delayed strata levy. On the levy it shows 2 quarters plus interest, however, this was sent late from the strata. Are the owners still responsible for the interest? Answer: If the levy was issued late, they should not be charged any interest. They shouldn’t be responsible for the interest. If it…

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NSW: Q&A Spending Limits & Unapproved Fees

  Question: Our owners corporation is part of a BMC. Is it regulation that the financial and annual budget of the BMC be presented to the strata committee or owners and approved at a committee meeting before the owners corporation AGM? I am an owner in an owners corporation that has shared facilities (BMC) with…

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NSW: Q&A Special Levies, Levy Payments and Overdue Levies

  Question: When recovering late levy payments, can the Owners Corporation recover the costs of using a lawyer/debt collector from the recalcitrant owner? In a previous response you mentioned that when recovering late levy payments, the fourth letter of Demand should be “by lawyer/debt collector”. Who is preferred in the first instance, a lawyer or…

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Q&A: Interest and discounts on levies

  Question: I was just reading today’s newsletter and thought i would let you know an avenue i took for charges being illegally placed onto my levy statement, re the question posted in the 214 newsletter: Question: After calling our new strata management company for information, I have personally been charged a sum. Until the…

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Common mistakes people new to strata living make (NSW)

Jimmy T from the Flat-Chat website posted this informative article covering typical mistakes made by people who are new to strata living. The top 10 Forgetting about Strata Levies as part of your budget Not getting involved with the management of the strata building Not complaining about noise in the building Assuming, and blindly believing…

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Changes to Fire and Emergency Services Levy (FESL)

This Flat Chat article in the Domain explains changes in the way the so-called Fire and Emergency Services Levy (FESL) is raised. From 1 July 2017, the annual fire services levy will be collected via council rates rather than via buildings insurance. This will ensure the FESL will be spread more evenly across a broader slice of…

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Q&A: How organise strata roof repair?

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…

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Q&A: Is there a limit regarding strata levy increases?

This is one from the archives: a LookUpStrata reader wanted to understand whether there are any restrictions regarding the increase of strata levies to boost a sinking fund, and whether there is a limit to the frequency at which special levies are raised. Read the full question, and our detailed response by following this link.