This form allows lot owners experiencing financial difficulties to make an application to your owners corporation to receive special consideration regarding contributions (for example: a payment plan, reinstatement of discount, waive of interest or fees). The owners corporation can determine to provide limited relief to lot owners in certain circumstances. The owners corporation will review the detail of your application, while considering the financial needs of your owners corporation.
Please note the following prior to completing this form:
- Bright & Duggan does not make decisions regarding contributions (including setting contributions, discounts, collection or financial difficulty matters). Those decisions rest with the owners corporation.
- As a principle, a owners corporation must collect contributions from lot owners in order to function and comply with numerous legislative requirements. The committee is not authorised to waive contributions entirely, for a particular lot or period.
- Under the legislation governing your owners corporation, the committee must consider the relevant circumstances when making decisions about financial difficulties. The information you submit in this form (including your personal financial information) will be provided to the owners corporation committee and will form part of the owners corporation records.
- If the information requested in the form is not provided, the committee may be unable to consider your request.