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…

Q&A Strata Levies: Special Levies, Levy Payments and Overdue Levies -All You Need to Know

Q&A Strata Levies: Special Levies, Levy Payments and Overdue Levies -All You Need to Know

Q: A lot owner in our small block has consistently been in arrears with levies. Although they are on a payment plan the situation is not improving. Do we have other options to recover the overdue levies? We have one owner in our small strata block of six that has consistently been in arrears for…

November Newsletter 2021

November Newsletter 2021

PAPER CERTIFICATES OF TITLEHAVE BEEN ABOLISHED Dear Members, Just a reminder that their have been changes to the land titles system in NSW which include: These changes will be effected by the Real Property Amendment (Certificates of Title) Act, 2021 (NSW). All existing certificates of title will be cancelled and will no longer be issued. An “Information Notice”…