Paying your levies
Owners corporation fees are paid into the owners corporation’s own trust account – not to the manager. Levies are usually issued quarterly, and each lot pays its share of the annual budget according to its lot liability.
Owners corporation fees are paid into the owners corporation’s own trust account – not to the manager. Levies are usually issued quarterly, and each lot pays its share of the annual budget according to its lot liability.
Payment options and your unique payment reference are printed on your levy notice. Options generally include:
Always use the reference shown on your notice so your payment is allocated to the correct lot.
Budgets are set close to cost, so late payments leave the owners corporation short for insurance, repairs and services. Overdue levies may attract penalty interest and recovery costs where the owners corporation has authorised them.
Contact us early. A payment management plan may be available – see Request a Payment Management Plan.
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