Question: A lot owner in our 6 lot scheme has been overseas for over a year and hasn’t made a levy payment for that duration. Why would our strata wait so long to recover the debt?
In our residential building of 6 units, one lot owner has been overseas for more than a year and hasn’t made a levy payment for that duration. Strata have said they are in debt recovery and going through the courts.
Why hasn’t strata acted much sooner and how long can this go on before its resolved? I would have thought after 3 months of no levy payments and strata would issue a debt recovery action letter to the owner.
Answer: The strata manager was waiting for instructions from the strata committee
You are correct – the strata manager appears to have been tardy in chasing the levies, however, it may be that the strata manager was waiting for instructions from the strata committee. The practice is usually that 3 separate reminder letters are sent with formal debt recovery proceedings being instituted thereafter.
This post appears in Strata News #462.
Leanne Habib Premium Strata E: info@premiumstrata.com.au P: 02 9281 6440