What do the changes mean?
Some unit owners (whether as a home owner or an investment owner) may have difficulty paying strata/body corporate fees.
What do you do differently?
Strata/body corporate fees remain a high priority payment. Accruing a debt can cause a large problem later on, including forced bankruptcy (and the forced sale of the unit) and very large legal costs.
Clients may want to contact (keeping to social distancing rules) the body corporate and other owners to arrange a meeting.
The body corporate can resolve to amend fees and change due dates of payments subject to already agreed expenditure and the requirement for a sinking fund for repairs.
The client should approach the body corporate to make a repayment arrangement.
Do access any hardship assistance or mediation service offered by Consumer Affairs/Fair Trading departments.