Strata levy increases – how much and how often?
Our own Leanne Habib helped our friends at LookUp Strata with a reader query regarding strata levies.
You can see our response here.
Similar Posts
NSW: Q&A Access to the Communal Fuse Box in our Apartment Building
Question: For some reason, I have a key to the communal Fuse Box in our apartment building and I have been providing access for tenants who trip their fuse. I’m just trying to help. Why is this a problem? Answer: Fortunately, the strata manager has issued a notice to comply with the peaceful enjoyment…
NSW Q&A: Proxy Voting Under the Community Land Management Act
Question: Do the changes in the Strata Schemes Management Act limiting the number of proxy votes an individual may hold, also apply under the Community Land Management Act? I live in a Neighbourhood Association and want to be clear as to how many proxy votes an individual may hold under the Community Land Management Act,…
NSW: Q&A Who sets the agenda, Explanatory notes, plus a Sample Motion
Question: When recovering late levy payments, can the Owners Corporation recover the costs of using a lawyer/debt collector from the recalcitrant owner? Every time I ask for a motion to be placed on the agenda for the AGM, either the Strata Manager or the Strata Committee completely rewrite my motion. There is illegal parking occurring in…
New strata legislation: Right to request levies payment plan
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…
Q&A: When exemption from registering strata by-laws?
This question from a lot owner concerning registering strata bylaws was submitted to LookUpStrata. Another owner in the building advised the Executive Committee that the local council had ordered him to convert the apartment, which was originally built as 2 units, back into one apartment. He subsequently started this work, including some upgrades. Our LookUpStrata…
Special Levies, who pays? Buyer or seller?
In a previous article, we explained what Special Levies are and how they are calculated. Please hit this link if you would like to refresh your memory. But who is responsible to pay the Special Levies when purchasing an apartment? Is it the Vendor or the Purchaser? This article, explains the ins & outs. Even Though it…
Keep up-to-date with the latest news
Sign up to our newsletter tor receive updates and news.
