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02 Oct

Posted at 17:15h in Property

For trustees and owners in sectional title schemes, effective maintenance planning is essential to ensure the long-term value of the property and prevent costly repairs. Maintenance isn't just a responsibility – it’s a legal obligation under the Sectional Titles Schemes Management Act, which requires the establishment of a 10-year maintenance, repair, and replacement plan. Why is maintenance planning important? It preserves...

13 Sep

Posted at 18:11h in Property

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...

16 Aug

Posted at 17:40h in Property

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...

25 Feb

Posted at 10:19h in Property

In a sectional title scheme, the trustees are responsible to ensure that the common property is managed and maintained within the legislative and budget parameters and provisions. Careful consideration must be given to the maintenance of the common property as it will not only affect the annual budget but also the levies payable by the members and the appearance and...