Description
This template Payment Plan sets out suggested terms and conditions upon which owners corporations and lot owners may wish to agree to the payment of levies by installments. The terms of this Plan comply with the relevant provisions of the Strata Schemes Management Act 2015 and the Strata Schemes Management Regulation 2016, including setting out payment due dates, interest accrual, the effect of a breach of the agreement and more. The template is delivered in Word format with easily identifiable sections for completion to suit your specific needs. This is the exact template Amanda uses for clients of her legal practice.
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