› Flat Chat Strata Forum › Levies and Unit Entitlements › Pay Special Levy in Installments? › Current Page
Let’s have a few details. There should have been a general meeting which discussed and approved the special levy. If your friend’s share is so large, and assuming she doesn’t own most of the building, it’s unlikely that all other owners will have their shares on tap. Someone would have realised that producing such a sum on little notice could be uncomfortable. Didn’t the general meeting address that point?
She might be able to negotiate a payment plan.
If some owners lag because of the amount demanded, can the works still proceed?
But no, she doesn’t have much recourse. Note that the OC can only grab her unit as part of bankruptcy proceedings in which they’d be an unsecured creditor.
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