Topic: Can we charge penalties for late payment of levies? – FLAT CHAT

This topic has 14 replies, 5 voices, and was last updated 7 years, 5 months ago by .

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25/03/2019 at 11:29 am #36574 Reply | Quote
Andy
Flatchatter
Following the discussion in this other post, I’m a bit worried our OC might be outside of requirements. A few years ago we voted to charge interest on overdue levies. I need to check but think this is legit.

The strata manager though now adds late notice penalty of $70 on top of the interest everytime a reminder is sent. There are some grumblings that this add-on is getting excessive.
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Reply To: Can we charge penalties for late payment of levies?

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