#22257
Jimmy-T
Keymaster

    The simple answer to the “unanticipated” special levies and loans is to knock the potential for these off the purchase price.  If a building and it’s sinking fund have been neglected, pay less for the apartment when you buy.  

    Anyone who doesn’t do this very basic homework is a mug and probably deserves all the “unanticipated” charges that come their way.  It’s not rocket surgery.  Caveat emptor.

    The opinions offered in these Forum posts and replies are not intended to be taken as legal advice. Readers with serious issues should consult experienced strata lawyers.