Strata Management Licensing Practice Exam · Question
Strata Manager David Lee is overseeing the approval of a special levy for Strata Plan EPS3456 in Surrey to cover an uninsured plumbing repair costing $75,000. The strata plan has 25 units with varying unit entitlements. How must David ensure this special levy is allocated among the strata lots?
Section 108(3) of the Strata Property Act requires that a special levy must be allocated among the strata lots in proportion to the unit entitlement of the stra
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Question: Strata Manager David Lee is overseeing the approval of a special levy for Strata Plan EPS3456 in Surrey to cover an uninsured plumbing repair costing $75,000. The strata plan has 25 units with varying unit entitlements. How must David ensure this special levy is allocated among the strata lots?
Answer options:
- Equally among all strata lots.
- Based on the number of residents in each strata lot. ✅ In proportion to the unit entitlement of each strata lot.
- Based on the size of the plumbing damage in each strata lot.
Correct answer: In proportion to the unit entitlement of each strata lot.
Explanation: Section 108(3) of the Strata Property Act requires that a special levy must be allocated among the strata lots in proportion to the unit entitlement of the strata lots.
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