The Sectional Titles Schemes Management Act, 8 of 2011 (STSMA) stipulates that bodies corporate must hold their annual general meeting (AGM) within four months from year-end, every financial year. Here are important factors to consider in order to run a successful AGM: Notice of the AGM   The Sectional Title Act requires the notice of an AGM to be sent to all owners...

Maintenance issues in Sectional Title Schemes can lead to heated debates with questions around who is ultimately responsible for repairs and costs being very common. The Sectional Titles Scheme Management Act 8 of 2011 (“The STSMA”) stipulates that the body corporate must maintain the common property while unit owners are responsible for maintaining own sections. Exclusive Use Areas are typically the...

Owners can be left frustrated when they have planned an alteration or renovation and then realize that they require the trustees’ approval before any work can be carried out. This is why it is important that owners familiarize themselves with the rules of the body corporate so that planned alterations and renovation can proceed without any unnecessary delays. Below are some...

Sound financial management is absolutely critical for a body corporate to function optimally. To set a standard of good practice for the body corporate, good processes and procedures will structure the communication between the trustees and the managing agent, and will ensure that the body corporate’s funds are managed responsibly. Let`s have a look at what is expected of the trustees...