What obligation does the committee have to inform the body corporate of significant unpaid levies that have been outstanding for more than a year? Should this information be included in committee meeting minutes?
There is no need to publish levy arrears in committee meeting minutes.
Rather unusually for laws, the BCCM Act requires a body corporate to sue someone once the levies have been outstanding for two years. Lots of committees handle default delicately and don’t necessarily rub people’s noses in the fact they have not paid their levies by publishing that to all owners. A good committee is proactive about levy recovery because the amounts owing don’t go away. They just accrue and then the other owners are carrying the entire financial burden.
But at the core of it – there is no need to publish levy arrears in committee meeting minutes.
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With more than 30 years’ experience in property, management rights and body corporate law, Frank is a beacon of knowledge and a renowned strata-industry expert. Known for his straight-shooting style and commercially driven advice, Frank cuts through the most challenging legal problems to deliver real-world solutions.
An active member of the strata community, Frank generously shares his time and experience to help educate the broader industry on all things strata law. He embraces his role as an industry leader and is committed to continued industry innovation and ensuring everyone in the strata sector has access to practical resources and solutions as they navigate through the strata maze.
He regularly presents to all industry segments and also speaks at Queensland Law Society events on strata law issues to other lawyers. Frank is a regular contributor to LookUpStrata.
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