10 Nov

Posted at 09:22h in Property

Good financial governance is the foundation of every successful body corporate. When owners can see how their levies are managed and know that funds are being used responsibly, it builds confidence and cooperation across the scheme. That is where regular audits and transparent reporting come in. Annual financial statement requirements Under the Sectional Titles Schemes Management Act (STSMA), every body corporate must...

08 Oct

Posted at 16:14h in Property

Ensuring the safety of residents is a top priority in sectional title communities. But effective security does not have to come with a huge price tag. At Stonewood Properties, we help communities implement practical, cost-effective strategies that protect residents and property values without overspending. Understanding your security needs Every community is different. Factors such as location, layout, and crime trends determine which...

12 Aug

Posted at 15:43h in Property

A sectional title scheme’s long-term success depends on more than just well-maintained buildings and happy residents; it requires a strong, stable financial foundation. Proactive property management plays a crucial role in ensuring that the scheme remains financially healthy, compliant, and resilient against unexpected challenges. Why financial health matters. The financial position of a sectional title scheme impacts every owner. A healthy balance...

21 Jul

Posted at 13:13h in Property

If you have recently acquired a property in a sectional title scheme, the thought of attending an annual general meeting (AGM) might feel overwhelming. However, this gathering is not just another administrative formality- it’s a crucial opportunity to stay informed, protect your investment, and have a say in how your complex is managed. Here’s what you need to know about...

20 Jun

Posted at 16:02h in Property

In a sectional title scheme, trustees are responsible for managing the day-to-day affairs of the body corporate. While most decisions are made in good faith and in the interests of the scheme, there may be times when owners disagree with how trustees have acted or failed to act. Disagreements are inevitable in shared living spaces, but how you raise concerns...