Levy Recovery

Owners must pay their levies when they fall due. When levies aren’t paid, a body corporate has a statutory obligation to commence proceedings to recover the unpaid amounts from the owners.

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Levies are calculated based on the:

• Budget that the owners approved at a general meeting;

• Lot entitlements in the community management statement.

A lot owner is obliged to pay their levies if they have been validly issued, and a body corporate is required to recover outstanding levies. A body corporate can claim reasonable recovery costs when taking court action. This includes the costs incurred by the body corporate manager and legal costs in relation to levy recovery.