This article discusses special levy after settlement, explaining whether the vendor or purchaser is responsible for a special levy due before a strata unit changes ownership.
question
I settled the sale of my strata unit in March 2021. Am I responsible for a special levy that was due on 1 December 2020? Or is the new owner responsible?
answer
Generally, if a Special Levy is payable within the financial year, the current owner is responsible for it.
Generally, if a Special Levy is payable within the financial year, the current owner is responsible for it.
If the levy was due on 1 December 2020 in one instalment, the outstanding levy should have been paid by the Vendor.
If there wasn’t a section 110 enquiry made about the levies, the Purchaser could be responsible for the outstanding amount.
There are too many unanswered variables to be able to give a full answer.
Lookupstrata Directory
Looking for WA Strata Specialist in your area? Search within our LookUpStrata Directory for the best list of contacts available
Search the directoryDiscover Information By
Living in Strata
Comments
Log in to leave a comment