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…