Understanding Strata Levies and Special Levies in NSW

Understanding Strata Levies and Special Levies in NSW

At Premium Strata, we believe owners should always understand where their money goes. Strata levies fund the day-to-day running and long-term maintenance of your building, from cleaning, insurance and utilities through to major repairs and replacements. Special levies, by contrast, are one-off contributions raised when existing funds are not enough. This guide explains how strata…