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Topic
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First home owner here (apartment).
If your quarterly strata bill arrives, and they ask for July to Sept strata levies to be paid – but you only bought the apartment mid strata period (settlement date in August)…
Who is paying that strata bill?
1) Am I paying for the whole quarterly bill even though I’ve only just become the owner mid strata period?
or 2) Is the previous owner responsible for their half (they were living here) and I’m responsible for my half (the place is now mine)?
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Replies
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If you’ve used a good solicitor to do your conveyancing, there should be a General Adjustment Sheet which shows adjustments for strata levies, council rates and water rates (not usage). Effectively you pay from the date of settlement. However, if a quarterly sum was not paid in advance you might be due a proportional refund from the vendor. There should have been meter readings for power and gas; the energy supplier will bill the former owner up to settlement date.
If you used someone else to do your conveyancing, the above might not apply.