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Common misconceptions of strata living part 10

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Welcome to the final edition of our ten part series discussing the most commonly misunderstood issues related to strata living. 10. How is money recovered when an owner becomes bankrupt? During times of financial difficulty for lot owners; bodies corporate and owners corporations can often

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Bankruptcy in Strata

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During times of financial difficulty for lot owners, bodies corporate and owners corporations can often find themselves out of pocket with overdue and unpaid levies.

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