Levy Payments
Deft Payment Systems allows for simple and efficient levy payments for peace of mind. Take the stress out of paying your levy’s with Deft’s easy to use payment platform.
How are your Levys Calculated?
Your levys are allocated based on your units of entitlement/lot liability as listed on your Strata Plan or Plan of Subdivision. Your proposed budget that your Strata Manager will create and forecast, based of the prior year’s property expenditure, will then be allocated via the units of entitlement/lot liability of your property. This budget is then tabled at your Annual General Meeting and approved by the Owners in attendance of that meeting
In accordance with the relative legislation a levy is a determined amount of money that each owner pays to assist in the day to day running of the scheme and fund any repairs or maintenance to the common property.
Levies are determined at each Annual General Meeting by the owners and are based on the next years forecasted expenditure.
Your levy notice will be sent to you via by your nominated method either via email or post. This is nominated by you when filling out your new owner information welcome documents. Your levy notice will list your levy amount due, any interest charges on any outstanding contributions and any other miscellaneous charges.
Levies are usually due on the first day of the quarterly period, however this can be subject to fluctuation depending on the timing of your Annual General Meeting. To ensure that you do not incur interest, payment is due 30 days after the invoiced date.
Interest is charged in accordance Penalty Interest Rates Act 1983.
If you have any enquiries regarding your levy notice please contact us.
Levy payments are processed through the DEFT Payment System and can be made via the following methods: BPAY, cheque, at the Post Office and via Credit Card. NB: There is a processing fee of $2.75 for all payments made at the Post Office and a surcharge for all credit card payments.
If you are having difficulties with payments, please see the DEFT An easy way to pay your levies document (PDF 185KB) or contact the DEFT Payment Systems on 1800 672 162.
Body Corporate Management services that cover all needs
Repairs & Maintenance
We can arrange repairs and maintenance services to keep your property in quality condition by coordinating tradespeople, arranging quotes, issuing work orders, or even managing major works.
Compliance
We stay current with Victorian and NSW property legislation to ensure your body corporate meets all statutory obligations. Our team manages documentation for seamless operations and provides advice as needed.
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Our insurance team offers a wealth of knowledge with careful attention to detail to ensure that you have peace of mind knowing that you and your fellow owners have the best possible protection in place.
Financial
We conduct a comprehensive range of financial management and accounting functions, ensuring careful and accountable handling of all funds. All our funds are securely held in accounts with Macquarie Bank Limited.
Developers
We provide specialist advice to developers to help them both maximise their sales values and create communities that people want live in.
