‘Completely blindsided’: new owners of strata properties shocked by special levies | Housing | The Guardian

Comment by tonytran2015: Dishonest managements hide their outrageous spendings by classifying them as “special levies” (although they are recurring) so that naive owners (more than 50% are regrettably naive) would have thought that the spendings were for only rare occasions. Careful examination reveals that the levies in most case should instead be classified as “annual levies”. This problem is clearly an exploitation of a loophole in a badly designed law.