Strata levies are important for keeping a property in good condition, but sometimes unexpected financial difficulties can make it hard for owners to pay them. Whether it’s due to surprise expenses or changes in their personal situation, unpaid levies can quickly cause stress for owners. and owners.
To help owners who are struggling, NSW Fair Trading has launched a new campaign with resources to support them in managing unpaid levies. This includes a helpful video that explains the different options available to owners and how they can get the help they need to get back on track.
These resources were developed with input from the Strata Debt Recovery Working Group, which includes representatives from SCA (NSW) and other key organisations. The aim is to provide clear advice for owners and the strata sector on how to deal with unpaid levies.
Strata managing agents and committees play an important role in helping owners who are having trouble. Reaching out early and guiding owners through their options can help them access support and find a solution.
For more information, including helpful advice and upcoming resources (some in different languages), visit NSW Fair Trading – Help with Unpaid Strata Levies.
