Nathan HouareauParticipant@the-generalJoin Date: 2006Post Count: 107TerrywParticipant@terrywJoin Date: 2001Post Count: 16,110
When it comes to wraps who is supposed to pay for the council rates, the water rates and any wrap insurance?
That is up to the parties to agree on. It would generally be the wrapeeDavid SiacciParticipant@david-siacciJoin Date: 2014Post Count: 14
We charge the buyer a weekly premium equivalent to 1/52 of the annualised cost of Council rates, water rates, building insurance and any other statutory charges related to the property. If it is an apartment there will also be body corporate fees that need to be included in this amount. On some properties this is around $40 a week but on others it is up around $70 a week and I have seen higher.
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