Financial Hardship Application

Financial Hardship Application

Financial difficulty can come about in many forms and affect people differently. It can be a gradual deterioration of financial stability or an unexpected change in income. Just like banks and utility companies, strata committees may decide to offer financial hardship assistance to individual owners who require temporary relief. Such relief can come in different forms, there is no one size fit all solution. For example, postponing debt recovery for two lots is likely to have a far greater impact to a three-lot scheme than a 200-lot community. Therefore each strata community must decide what it offers (if any) independently.

This form is for individual lot owners seeking financial relief from their Owners Corporation / Body Corporate. Upon receipt, your Community Manager will forward this application onto your strata committee for consideration and seek their instructions.

Financial Hardship Application

Your Personal Details

Your Strata Plan

State / Province
Zip / Postal
My community is managed by: *

Financial Assistance Request

On what grounds are you seeking financial relief? *
What form of financial relief are you seeking? *
^ Please note discounts are NOT permitted under Victorian legislation. * Please provide proposed repayment amount & frequency in the comment box below.
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