Forums Levies and Unit Entitlements Current Page

  • Creator
    Topic
  • #10676 Reply | Quote
    webman
    Flatchatter

      Hi all,

      I’ve recently started to take a more active role in my strata, and am currently the “Secretary” on the EC. However, all day to day “management” is handled by the Strata Management company.

      Recently, we received copies of the quarterly financial records (balance sheet, etc) which showed the list of lots and how much they owed or were in credit for strata levies. One lot has over $10k outstanding.

      After some discussion (and investigative work) it would appear:

      1) The lot owner has never paid any strata fees (it’s a reasonably new building)

      2) The lot owner is a lives overseas

      3) There is no resident in the lot (no tenant, etc) as reported by neighbours, and other “checks” to see that there has been no access for at least the last 2 weeks.

      The strata management has commenced some legal actions, but it seems they are at a bit of a loss on how to proceed if they can’t “find” the owner.

      My thoughts were:
      a) Leave it alone, collect the outstanding debts + interest when the property is eventually sold

      b) If it is ever rented, then contact the agent and start the process from there

      c) Eventually, try to force the sale of the property to recover the costs

      Hopefully you can provide some advice on the best way to proceed? I’m not really sure how else we should proceed here?

      Thanks for any ideas!

    Reply To: Reply #25595 in Long term non-payment of levies
    PLEASE ... If your property is not in NSW, mention its location (state). Don't identify companies or individuals by name. Don't mention or promote your company or services. Keep acronyms and initials to a minimum. Please, don’t use “quote” unless there is a specific point to which you wish to refer, then highlight (define) that specific passage before you click on "quote". Otherwise just use reply. THANKS.

    You can use BBCodes to format your content.
    Your account can't use all available BBCodes, they will be stripped before saving.

    Your information:




    Forums Levies and Unit Entitlements Current Page