16 Feb

Posted at 20:05h in Property

Managing a sectional title scheme is not an easy task; it requires time, knowledge and experience. For this reason, it is important for trustees to understand the legislative principles of sectional title living that governs it. Choose the right managing agent Unfortunately, trustees are not required to have a certain level of experience or knowledge and as a result of this, appointing...

25 Jan

Posted at 17:24h in Property

While a body corporate is not deemed a business in the sense that its goal is to make money, it is important that a body corporate is run with sound business principles in mind. To achieve this the trustees must manage the scheme in a responsible manner to ensure it is financially independent and secure. There are five key principles of...

26 Nov

Posted at 11:21h in Property

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...

17 Nov

Posted at 10:13h in Property

Appointing body corporate trustees is one of the most important decisions that the members of the scheme must make every year. Trustees should have the relevant knowledge and management skills, and they should also be able to carry out their responsibilities in a way that benefits the scheme. The selected trustees do not always have carte blanche when making decisions for...

09 Sep

Posted at 16:04h in Property

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...