Levies
What happens if a community is unable to pay its expenses due to lack of funds caused by owners not paying their levies? – Lisa, NSW
If the owners fail to pay their levies or delay paying them, it can impact the day to day common property …
Can body corporate transfer funds between administrative levies and sinking fund levies if the funds are in the same bank account?
Can body corporate have one bank account for administrative levies and sinking fund levies combined, so if administrative levies are short, …
How can we ensure our committee and owners corporation effectively address seemingly serious financial management failings in our strata property? – Frank, NSW
I’m a 3 year Owner and resident of a 15 year old, small (6 stand alone units) strata scheme, with a …