Financial
What are the options for paying your body corporate levies?
How often are you required to pay Body Corporate levies, and what happens if you don’t pay on time? Owning a property in a Strata complex means that when you buy into this situation, you’re making a commitment to make Body Corporate levy payments on time, so that essential administrative and maintenance work can be…
Read MoreWhat happens to the money you pay for body corporate fees?
“What happens to the money I pay out in body corporate fees?” is one of the most common questions we receive at Tower Body Corporate. It’s a good question, and every lot owner (or potential lot owner) is entitled to be given a comprehensive answer, and fully transparent documentation that shows exactly how the fees…
Read More6 Ways to Save Money on Your Strata Insurance
6 key points to assist you and your Body Corporate to get the best possible terms out of your insurer. Make sure the grass is always greener A key thing that potential Insurers look for is properties that are maintained regularly. A well maintained building is likely to have less claims, therefore the Body Corporate…
Read MoreStrata Owners Tax Report Available from Tower Body Corporate
It’s nearly the end of June and the dreaded tax time looms again. To make things a little easier for our owners (and your accountant), we can provide a tax report regarding body corporate expenditure, which is very helpful if you own investment properties. The report is simple and easy to read and includes all…
Read MoreTips for Tower Body Corporate Owners – ONLINE OWNERS PORTAL
As an owner of a property within a building managed by Tower Body Corporate, you have access to your Owners Resources, where you will find a variety of online self-service features. Owners and committee members can download a number of reports, documents and certificates, and pay levies. When we first started managing your Scheme, we…
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