An extra fee paid to some strata managers by an insurer, service provider, or the owners corporation in addition to the normal management fees.
Important notice. This information is general in nature and does not constitute legal advice. Unless indicated otherwise, this information is based on New South Wales strata laws and practice. Strata laws, terminology and procedures differ across the different Australian states and territories. For more specific advice on your particular circumstances contact us for a referral to an appropriate expert.
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