Request for a Payment Plan

If you are experiencing financial hardship, you can request to enter into a payment plan with your Owners Corporation.

Please be aware that a payment plan is for the levies you owe, and not future strata levies. The goal of a payment plan is to give you time to pay back the strata levies you owe in instalments, but please be advised that you must also continue to pay your future levies on time.

A payment plan requires approval by the Owners Corporation, and the duration of the plan can not exceed 12 months.

If a payment plan doesn’t suit your financial needs, please consider other options and support, as outlined by NSW Fair Trading: https://www.nsw.gov.au/housing-and-construction/strata/living/help-if-you-cant-pay-your-strata-levies

If you would like to request a payment plan with your Owners Corporation, please complete and submit the below form;

Name

Phone Number

Strata Plan #

Lot No.

Unit/Townhouse/Villa No.

Street Address

Suburb

Amount currently outstanding (including interest)

Payment installment frequency

Weekly Fortnightly Monthly Other

Payment installment amount

Date of first installment

Method of payment

DEFT B-Pay At Australia Post

Is your request for a payment plan based on current financial hardship

Yes No

I understand that the proposed payment plan will be reviewed by the Owners Corporation and that the Owners Corporation may request adjustments to the plan.

I confirm.

I acknowledge that should a payment plan be accepted by the Owners Corporation, that I will continue to pay all upcoming levies as they fall due.

I confirm.

I acknowledge that interest on overdue levies (payable to the Owners Corporation) will continue to accrue even if a payment plan is entered into.

I confirm.

Should my circumstances change and I not be able to adhere to an approved payment plan, I will contact STSM prior to the next instalment falling due to advise of the change.

I confirm.

Get in touch

Name

Message

or call
(02) 4721 2444

STSM Strata Management

(02) 4721 2444

Level 1, 314 High Street
Penrith NSW 2750

Liability limited by a scheme approved under Professional Standards Legislation.