13 Mar

Posted at 10:42h in Property

One of the most important decisions that members of a sectional title scheme make every year is the appointment of trustees. If this decision is taken lightly, it can potentially have a number of negative effects, both in the short- and long-term. The appointment of trustees has a direct effect on who will be appointed as the chairman; this is why...

27 Feb

Posted at 07:53h in Property

A body corporate is required to hold its annual general meeting (AGM) within 4 months after the end of its financial year. The meeting notice should be sent out at least 14 days prior to the meeting. All meetings other than the AGM are called special general meetings (SGM). The notice period required to hold SGMs is 30 days but this...