Who is entitled to the refund of the special levy for cancelled renovation work - the current owner of the lot or the previous owner who paid the levy?
Our owners corporation raised a special levy to renovate common property. The work was cancelled. At the EGM, it was decided that the levy amount would be refunded to each lot owner. Over this period, a lot was sold. Can the new owner of that lot claim the refund, or does the money go to the previous owner?
If these levies are being refunded by way of distribution of surplus funds, current owners will be refunded in accordance with their unit entitlements.
If these levies are being refunded by way of distribution of surplus funds, current owners (i.e. each person for the time being recorded in the Register and when the refund is being processed) will be refunded in accordance with their unit entitlements. As far as we are aware, unlike the scenario where there are unpaid contributions by a former owner where the current and new owners are both jointly and severally liable, no such mechanism exists for this situation.
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Leanne is leading the conversation in strata and community management across Australia. With a distinguished career spanning over 25 years and holding credentials as a licensed Strata and Community Manager and Real Estate Managing Agent, Leanne has masterfully redefined the essence of premium strata service. Her approach, honed through years in senior roles within top-tier agencies, is unwaveringly client-focused, ensuring that expectations are not only met but consistently exceeded.
As a pivotal member of the Strata Community Association (SCA) and the CEO of the award-winning Premium Strata, Leanne, together with her team of seasoned strata managers, embodies a commitment to unparalleled service excellence. Beyond steering Premium Strata and Premium Building Management, her influence extends across the property industry as a leading voice. Leanne's insights on legislative updates and industry shifts are invaluable, offering guidance to lot owners on intricate strata matters and fostering effective and informed strata management practices.
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