Levy clearance certificate
A clearance confirmation linked to sectional-title or community-scheme levies before transfer can proceed.
Definition
A levy clearance certificate is commonly needed where a sectional-title unit or community-scheme property is being transferred. The conveyancer usually checks levy arrears, special levies, interest, clearance figures, managing-agent requirements, body corporate or HOA rules, and whether any dispute may delay transfer.
Key takeaways
A clearance confirmation linked to sectional-title or community-scheme levies before transfer can proceed.
Conveyancing
Book Conveyancer
Related legal problems
This glossary provides general information only and does not constitute legal advice.
Common situations
Sectional title sale
Transfer delay
Levy arrears
Related resources
Resources and guides
FAQs
Levy clearance certificate FAQs
What does Levy clearance certificate mean?
A clearance confirmation linked to sectional-title or community-scheme levies before transfer can proceed.
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