@awayday said:
We need to raise a special levy and all have agreed the work is needed. However, one unit owner says they cannot afford to contribute to a special levy right now, and has asked that we postpone until they are in a ‘better position’.What can we do?
If the work is needed, it’s needed. You can try to help this owner in whatever way you can but when push comes to shove they have to pay. If they don’t they are liable not only to 10 percent interest but also the cost of debt recovery. It’s tough but it’s in their and everyone else’s interest foir them to find the money. If they simply can’t, you can raise a strata loan and pay it off when the debt is recovered.
Don’t forget you have a legal obligation to maintain and repair common property. Paying a special levy may not seem like a priority to this owner – your job may be to convince them that it is.