- This topic has 6 replies, 5 voices, and was last updated 4 weeks ago by .
major repairs required to Strata building. Weighting up various solutions.
1 Q : This relates to implementation of a Strata Loan.
The O.C agrees to cost of repairs. Not all can stump up there share and propose a Strata loan. Some owners are wealthier and would rather pay up front. How is the matter progressed from here ?
Is the solution that some Owners pay their quarterly Levy plus a Loan repayment surcharge ?
Is the belief of a Owner who thinks the sale price of their Lot would be adversely affected whilst a
Loan is in place, justified ?
Your input appreciated.
- This topic was modified 4 weeks ago by .
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