Fees & Levies

At a glance Strata fees and levies are often confused, but they serve different purposes. This article breaks down how each one works, what they...

Strata insurance is one of the highest expenses for any owners’ corporation or body corporate. The good news?   You may be able to reduce your...

If you have anything to do with strata schemes in NSW, you’ll know the term ‘special levy’ pops up from time to time.  In fact,...

Let’s face it – when we hear the words ‘strata levy’ or ‘strata fees,’ they often conjure up images of tedious financial...

Are you mulling over a question about your strata fees, but unsure of how or who to ask about it? You can be sure as strata managers we’ve probably...

To understand what the capital works fund (also known as a sinking fund) is, it’s important to first clarify what types of strata levies can be...

Strata levies can often be a hidden sting for new owners, an unexpected second hangover after the elation of finally becoming an owner (the first...

A simple fact of strata living is that each strata’s levies are not the same. These mandatory body corporate fees can vary enormously depending on...

Every strata scheme has certain fees and levies that all owners have to pay. These are set at the Annual General Meeting and agreed upon by the...

One big reason to decide on strata living when you’re investing in a new property is sharing the costs for maintenance and updates of the property...

Strata living has great appeal because the costs of common property repairs, services and maintenance are shared through your strata fees. But what...

In our video series Michael Vumbaca, General Manager at Jamesons Strata discusses the changes that have been made to sinking funds. The...

If you lived in a building that you owned completely, you’d have to pay for all major works and renovations that the property needed. When you live...

Are My Strata Levies Increasing Too Fast? It’s easy to freak out about levy raises within your strata, however there may be a number of good...

In our Q&A video series Michael Vumbaca, General Manager at Jamesons Strata discusses rates and fees related to strata. Video Transcript Every...

Strata fees can vary enormously between different apartment blocks and unit complexes. Multiple factors are taken into account when drawing up strata...

Within NSW strata schemes, different kinds of levies exist as a mean of raising funds to keep a strata complex safe, functional and appealing to live...