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Tony Johnson, Horner Management
Question: We are a self managed 4 unit scheme. We don’t have a sinking fund so strata maintenance and associated costs are handled as required by the 4 owners. But who pays for what?
Most Recent Strata Information South Australia Articles
- NAT: Large or Small – Could Strata Finance be the Solution? - The use of strata finance can assist strata properties to increase the value of their assets with upgrades to common areas and improvements to the building and surrounds. Strata finance is beneficial to all sized strata properties and projects on all scales.
- SA: Q&A Strata Fee Increases and Unit Entitlements - Question: I have a larger unit entitlement and therefore I pay higher strata fees. Recently it was voted that all units need a new roof. Apparently I have to pay extra for the roof due to my lot entitlement. Is this correct?
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