› Flat Chat Strata Forum › The Professionals › Corporate Home Unit fee for 2011 – 2012 › Current Page
12/10/2011 at 11:18 am
#13949
DaveB said:
Whilst I have no problem with Jimmy's answer, I'd take a punt and say the annual charge is for the CHU Insurance premium.
D'Oh! I didn't make the connection with Corporate Home Unit and CHU (or Corporate Home Unit Underwriting Agencies Pty, to give it its Sunday name).
By the way, Darryln, insuring the building is one of the few statutory obligations that an Owners Corporation has, alongside maintaining common property and having an AGM.