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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...

Why do sectional title schemes need a 10-year maintenance plan and what is its purpose? In this blog, we look at answering these questions along with listing some of the major advantages. A legal requirement In the past, many community schemes have found themselves in financial distress due to poor planning by trustees, or due to push back from owners not wanting...