I'm on a payment plan for my levies. At the last general meeting I was unable to vote because the levy instalment did not fall before the meeting. Why am I unfinancial?
I'm a pensioner living in an over 55 complex. Due to money restraints, I've made arrangements to pay my levies by instalments each month.
At a recent general meeting I was unable to vote because my next instalment was not due at the date of the general meeting.
Should I have been able to vote bearing in mind the Strata Manager, presumably with the consent of the Owners Corporation, approved the levy payment agreement?
If the payments are overdue (but subject to a payment plan), you are still not financial for the meeting.
Unfinancial is all contributions due and payable, paid by the meeting – unfortunately, if the payments are overdue (but subject to a payment plan) they are still not financial for the 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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