How do we know what our levies are spent on?

We believe that every Lot Owner should understand exactly what each of the costs are for running and maintaining the property. Sometimes, when we have taken on a Scheme and reviewed the financial records, we’ve seen a range of cost items listed with just accounting codes - which mean nothing to anyone. They are a [...]

By |2019-01-17T15:48:16+10:00January 17th, 2019|Comments Off on How do we know what our levies are spent on?

What happens if some Lot Owners fall behind in levy payments?

Overdue levy payments can cause delays in important maintenance, repairs and projects. In Qld, it is required that certain monies are to be paid into a Sinking fund, and that any other money received is paid into an Administrative fund which takes care of ongoing administrative, compliance and maintenance costs. See our article Administrative Fund vs [...]

By |2019-01-17T15:43:52+10:00January 17th, 2019|Comments Off on What happens if some Lot Owners fall behind in levy payments?

How do monthly Body Corporate Agreements work?

For new clients: if your body corporate committee is not yet ready to sign a long-term agreement, we are happy to provide a month by month agreement so you can try us out. We want you to experience the Tower difference and be completely happy before committing for a longer term. Once you decide you [...]

By |2019-01-17T15:42:59+10:00January 17th, 2019|Comments Off on How do monthly Body Corporate Agreements work?

Do you have a monthly Body Corporate Agreement option?

At Tower Body Corporate, our approach is completely different to other body corporate services. We are not interested in locking you in to a contract that is not consistent with your requirements. We are not interested in working with body corporate committees who feel that we are not the best fit. What we want is [...]

By |2019-01-17T15:41:50+10:00January 17th, 2019|Comments Off on Do you have a monthly Body Corporate Agreement option?

How do I change Body Corporate Managers in Qld?

Any Lot Owner in a body corporate has the power to submit a motion or a proposal to engage and even appoint new management. You have two options for changing body corporate management in Queensland… Submitting the Motion as a Lot Owner– Lot Owners can submit a motion in writing for consideration by the committee [...]

By |2019-01-17T15:35:47+10:00January 17th, 2019|Comments Off on How do I change Body Corporate Managers in Qld?