In this blog, we address the confusion around exclusive use areas (EUAs) in sectional title schemes. EUAs comprises parts of the common property where specific owners enjoy exclusive use and enjoyment of these areas. The different types of usages allocated to EUAs include parking bays, storerooms, balconies, roof terraces, gardens and garages. Registering EUAs Exclusive use areas are allocated to owners...
As you know, community schemes have not escaped the effects of COVID-19 and need to comply with additional restrictions over and above the rules of the scheme. Here are some of the ways in which schemes have been impacted during the lockdown period: Utility services and facilities The use of utility services such as electricity, water and sewerage have increased as most residents...
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...
Buying property in a community scheme remains a popular choice for many buyers whether they are first-time buyers or established buyers. Community schemes come in various shapes and sizes, and includes security estates, sectional title complexes, retirement developments and housing estates. Why are certain developments more suited to security estates or sectional title schemes? A developer may be motivated to develop a...
Changes to the Sectional Titles Schemes Management Act 8 of 2011 (STSMA) on 7 October 2016 made fidelity insurance compulsory for bodies corporate. This means that the body corporate must insure itself against the potential loss of its funds by way of fraudulent or dishonest conduct by the trustees, managing agent or anybody who has access to these funds. Before the...