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  • 11/06/2011 at 2:47 pm #7448 Reply | Quote
    Walt
    Flatchatter

      Where a Strata Plan has a mix of commercial and residential Lots, is there a way of fairly levying owners when the building insurance is a commercial policy ?

      In our situation owners are being told that the premium should only be levied on the unit entitlement basis and not offset to compensate residential owners hurdled with a commercial premium. 

      Section 77 of the Strata Schemes Act would seem to cover this situation and allow such an offset if the parties agree.

      regards, Tim    

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    Reply To: Reply #12990 in Building Insurance
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