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Like any business, a body corporate is dependent on the income it derives from its operations. In the case of a body corporate, this income comes from its members paying levies without which the body corporate cannot function. How are levies calculated? The budget must be tabled for review and approval by the scheme members at every annual general meeting (AGM). The...

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...

When owners are unable to attend a general meeting, they can appoint a proxy to attend and vote on their behalf. Previous legislation did not set out any clear requirements for appointing a proxy at a general meeting and the number of proxies a person could represent was limitless, leading to owners taking advantage of this loophole and not attending...

Hosting a successful body corporate general meeting is always a challenge. When a sufficient number of owners do not attend the meeting, a quorum will not be met and it can result in an unnecessary waste of time for those owners who did make the effort to attend. This means that the trustees need to postpone the meeting for a...

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...