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 for Council Owners

Question: In relation to the LookUp Strata article addressing spending limits for items not in the Council of Owners’ budget for Western Australia, do these limits apply in all states or only WA? I am in NSW. Answer: In NSW, the strata committee may be restricted on spending limits or any other matter or type of…

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