Bodies corporate need to pay continuous attention to its maintenance and financial responsibilities but around mid-December each year some may need a break from the daily management activities of the scheme. Taking a break should not be a problem if trustees and managing agents plan ahead. There are three key elements that should be considered and planned for, these are finance,...
While sectional title plans look very simple in design, it is important to understand the meaning and implications of the lines on the plans. The plans further provide essential information that is required to calculate accurate participation quotas (PQ) as it indicates the size in square meters of each section in the scheme. In this blog post, we consider the information...
Parking bays and store rooms can be quite a controversial subject, especially when it comes to a unit being sold of which the owner has had the use of a parking bay or a store room. It is commonly assumed that such a parking bay or store room belongs to the seller and they have the right to sell it...
Owners of units in sectional title schemes are often surprised when they need to pay an excess on a claim submitted to the body corporate’s insurers. It seems like many owners do not understand the relationship they have with the scheme’s insurance policy and the terms attached to such a policy. One of the important responsibilities of trustees is to ensure...
It can be quite costly when leaks cause damage inside a sectional title unit. This can happen when a geyser bursts or malfunction, or as a result of a leak from a pipe or the roof. The reality is that in many cases, the damage can be avoided – or at least, minimised – if it is maintained regularly. There are...