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Property LawStrata TitleMEDIUM

Under strata title legislation, what happens if a lot owner fails to pay levies to the owners corporation?

Correct Answer

A) The debt becomes a charge on the land automatically

Unpaid levies automatically become a charge on the land under strata title legislation across Australian states. This charge takes priority over most other interests and can be enforced through sale of the property if necessary, providing strong protection for the owners corporation.

Answer Options
A
The debt becomes a charge on the land automatically
B
The owners corporation must seek a court order
C
The lot is automatically transferred to the corporation
D
Other owners must cover the shortfall equally

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Related Topics & Key Terms

Key Terms:

strata titleleviesautomatic chargeowners corporationpriority
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