If a unit owner has paid their regular levies but has not paid a special levy - now overdue - are they still 'financial'?
Special levies or normal levies, if due, must have been paid in order to vote at a general meeting.
"Unfinancial owner" means an owner of a lot in a strata scheme who has not paid all contributions levied on the owner that are due and payable, and any other amounts recoverable from the owner, in relation to the lot.
Special levies or normal levies if due must have been paid in order to vote at a general meeting.
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Andrew Terrell is a strata and facilities management professional, with close to 20 years’ experience in roles up to and including licensee in charge and state manager of Bright & Duggan.
Andrew works with strata owners and developers daily to help them achieve their desired outcomes. Andrew is a regular contributor to LookUpStrata.
Andrew is the director for Bright & Duggan and Cambridge Management Services in the Hunter NSW region. Andrew believes that the future for the strata industry is based heavily on amazing technology underpinned by great people, along with an increased focus on the expert management of the asset. Andrew's LinkedIn Profile.
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