The levies due exceed my debit order limit
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Debit Orders
Requesting / Setting Up a Debit Order ANGOR Online has a debit order page that allows you to request and manage your debit order. Open the Debit Order page and enter your details. We recommend setting the Debit Order Limit about R500 - R700 higher ...
When must the levies be paid?
Levy Statements are always billed in advance and are due and payable in advance. This means that the levy statement will need to be paid on the 1st of the relevant month and not at the end of the month. Example: The levies for the month of July will ...
Resultant Damage Claim due to a Leaking Roof, Window, Door or Pipe; a Burst Geyser, or a Leak Between Units
The Scheme's insurance policy usually covers resultant damage due to a water leak. The leak can be from the roof, windows or doors or from a neighboring unit. If the leak is linked to common property, the repairs must be approved and coordinated by ...
Why do I have interest on my levy account?
Levies are due in advance and on the first of every month (with a grace period until the 7th before interest is charged to accounts). Interest is charged from the 8th of the previous month up to the 7th of the current month. It is, however, only ...
What is a backdated levy?
At the beginning of a new financial year the levy has to increase to cover increases in Body Corporate expenses. However, this increase may only be passed at an Annual General Meeting (AGM). Since the AGM can only be held once the audited annual ...