Special Levies: What They Are, When They’re Needed, and How They’re Decided.

A common question in community schemes: “Why are we paying a special levy?”

Here’s what owners and Scheme Executives should know:

  • Special levies fund unforeseen expenses not budgeted for in the approved annual levy.
  • They require a Trustee or Director resolution and must be clearly communicated.
  • They cannot be used for luxury upgrades.
  • Owners must contribute in proportion to their participation quota, or equally in an HOA.

At ANGOR, we guide Scheme Executives through the correct procedures – assisting with full transparency and legal compliance.

Managing Scheme Levies