Administrative fund
nounad·min·is·tra·tive fundpronounced ad-MIN-ə-strə-tiv FUND
Last reviewed 16 April 2026
What does the noun Administrative fund mean?
The fund within a strata scheme that covers day-to-day running costs such as cleaning, gardening, minor repairs, insurance premiums, and strata management fees.
How the noun Administrative fund is used
The administrative fund covers everyday costs like cleaning and gardening, so check how much the quarterly levies are before you buy into a strata scheme.
Synonyms
admin fund, operating fund
Related words
Cite this entry
MLA citation: "Administrative fund." How to Property, 16 Apr. 2026, https://howtoproperty.com.au/definitions/administrative-fund. Accessed 29 May 2026.
Chicago citation: How to Property. "Administrative fund." Last modified April 16, 2026. https://howtoproperty.com.au/definitions/administrative-fund.
APA citation: How to Property. (2026, April 16). Administrative fund. https://howtoproperty.com.au/definitions/administrative-fund