Not all lot holders have the same income stream and their ability to fund improvements is not limitless. To live in a scheme should be a decision not taken lightly as you become part of a community and decisions on expenditure, behaviour and external appearance of lots is not yours alone.Read more
How healthy is your strata community?
Just like having a healthy diet and exercise in your personal life is important, maintaining a healthy strata community is essential for the continued well being of your investment.
How well is your community managing ……….
Many lot owners find it increasingly difficult to pay their body corporate contributions by due date. In some circumstances the body corporate committee can approve reasonable payment plans to assist owners who find themselves in financial hardship. However, there are a number of pitfalls owners must be aware of before entering into a payment plan.Read more