Special levy

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  • 26/09/2013 at 6:17 am #9054 Reply | Quote
    Acid
    Flatchatter

      Hello, I just had a quick question regarding levies. We have just had a special levy raised to pay for “additional painting” to the building which I thought we had already paid for with a special levy for painting last year. Now days later I have got a notice for another extraordinary meeting to raise another special levy to renew the insurance on the building. 

       

      We already pay our strata fees every quarter – is it normal to have these continual special levies ? Shouldn’t they be able to pay this stuff out of the sinking fund and the administrative fund?

       

      How can I ensure my strata manager and executive committee are not misusing owners funds? What is the best way for me to check for red flags? Thanks in advance for your assistance.

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    Reply To: Special levy
    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.

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