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Financial orders

Financial issues

Because all community schemes involve the sharing of financial responsibilities, it is inevitable that there will be conflict among owners as to how the association’s funds should be applied and how owner contributions should be calculated for any particular expense.

What type of financial order do you want? One involving…

Select a box below to learn more about that order.

Scheme insurance cover

Requiring an association to take out or increase the amount of its insurance cover.

Claim under scheme insurance policy

Requiring an association to take appropriate action to recover an amount due under an insurance policy.

Levy calculation issues

Confirming contribution (levy) calculation, or way it is to be paid, is incorrect or unreasonable and ordering correction.

Association accounts audit

Requiring an association to have its accounts audited.

Contribution (levy) or other amount payable

Confirming that a contribution (levy) or other amount is payable to the association or re-payable by it.

Rental payments diverted to scheme

Requiring a tenant to pay rental to the association to cover the owner's unpaid contributions (levies).

Expropriation compensation

Deciding how sectional title expropriation compensation is to be shared among owners.