4.2.6 Schedule D | Owners Corporation Network

4.2.6 Schedule D

This schedule specifies the disbursements and associated fees. These are generally administrative activities and stationery charges.

Be on the look-out for any charges that are classified as an ‘Allowance’, ‘Per Lot’ or a ‘Per Month’ charge. If there are any here check whether they apply to your proposal as they can add up to significant costs. For example, if your strata is 150 lots a seemingly small $5 per month per lot ‘Fixed Disbursement Allowance’ will amount to $9,000 per year on top of whatever other costs are charged!