Strata levy
nounstra·ta lev·ypronounced STRAH-tə LEV-ee
Last reviewed 16 April 2026
What does the noun Strata levy mean?
A regular fee paid by owners in a strata scheme to fund the maintenance, insurance, and management of common property. Typically paid quarterly and set at the Annual General Meeting.
How the noun Strata levy is used
The strata levy jumped by 15% after the AGM approved extra spending on common area upgrades.
Synonyms
strata fees, body corporate levy, owners corporation levy
Related words
Cite this entry
MLA citation: "Strata levy." How to Property, 16 Apr. 2026, https://howtoproperty.com.au/definitions/strata-levy. Accessed 30 May 2026.
Chicago citation: How to Property. "Strata levy." Last modified April 16, 2026. https://howtoproperty.com.au/definitions/strata-levy.
APA citation: How to Property. (2026, April 16). Strata levy. https://howtoproperty.com.au/definitions/strata-levy