What Is a Levy Clearance Certificate – and Why Is It So Important?

When a property in a Sectional Title Scheme or Homeowners Association is sold, the conveyancer must obtain a Levy Clearance Certificate from the managing agent before the transfer can go through.

But what does this certificate actually mean?

• It confirms that all outstanding levies and related amounts have been settled
• It’s issued by the managing agent or Body Corporate / HOA
• It’s a legal requirement for property transfer in community schemes
• It protects the Scheme by ensuring that no arrears are passed on to the new owner

Why it matters:
Without this certificate, the transfer cannot be lodged at the Deeds Office. If arrears exist, the seller must settle these (often including advance levies) before the certificate can be issued.

At ANGOR, we collaborate closely with conveyancers and sellers to streamline the levy clearance process and ensure accurate financial information is provided promptly.