Some owners’ can’t appreciate that there is no “them and us” in strata – just us – and they don’t realise that unpaid levies affect everyone, not just the committee.
A shortfall in levies affects everything from building services to repairs and maintenance.
Once unpaid levies reach a certain level, owners should be required to raise a loan against the security of their flat, and their bank or mortgage lender should be legally obliged to provide it.
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