Is it the right time for a cost recoveries by-law?
Times are tough and COVID-19 is on the rise. Owners don’t want to incur extra costs because of by-law breaches committed by other owners and tenants.
There is no better time than now to ensure you have a by-law in place for cost recoveries.
A cost recoveries by-law will allow you to recover those extra costs from the person responsible for them instead of paying them from the owners corporation’s funds.
Our by-law factsheet covers the following areas:
- What does it do?
- What it does not do?
- What does it cover?
- What can it cover?
For NSW strata legal, building defect and levy collection advice contact us here or call 02 9562 1266, we’re happy to assist.