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18 Apr

Posted at 06:53h in Property

In the original blog, we discussed the 6 key topics you need to be familiar with before attending your next AGM. This blog covers point 1 (Why is an AGM necessary and why should you attend?) in more detail: A body corporate is a legal entity that collects levies (income) from its members and disburses this income by way of payments...

31 Mar

Posted at 06:37h in Property

Annual General Meetings (AGM`s) may seem daunting or laborious when you first acquire a property in a sectional title scheme but it is an important and necessary responsibility. The Sectional Titles Act 95 of 1986 governs Annual General Meetings (AGMs) in sectional title schemes and it determines the outcome an owner can expect when attending an AGM. 1. Why is an AGM...