It is undeniable that managing agents are critical to the successful management of a sectional title scheme. Selecting the right managing agent for your scheme is an important decision for which the trustees are responsible for. So how does one go about making this big decision? In this blog post, we attempt to distinguish between the different types of agencies and the...
All the members in a sectional title development contribute to the scheme’s income which is used to pay its expenses. This may seem simple in theory but when a member starts falling behind in their levy payments, it can quickly escalate and put the scheme under financial strain. In this article, we take a look at how bodies corporate should deal...
Living in a sectional title scheme has many advantages but one very distinctive disadvantage is being exposed to noise disturbances. This can be a challenging problem to deal with but let’s look at what the prescribed conduct rules say about noise disturbance in the Sectional Titles Schemes Management Act: Rule 7 deals with how occupiers and visitors in schemes should...
This is a question as old as the profession of property management itself. Some bodies corporate believe that by appointing a managing agent, they are handing over the management of their scheme, pretty much in its entirety, to the managing agent. Managing agents should also be precise about the responsibilities they are taking on as well as those they are not...
For many owners in a sectional title scheme, attending the annual general meeting (AGM) is the only opportunity to participate in discussions and decisions concerning the complex. The trustees are responsible for arranging and running the AGM with the help of their managing agent. The changes made to the Sectional Title Act along with the establishment of the Sectional Title Schemes...