While sectional title plans look very simple in design, it is important to understand the meaning and implications of the lines on the plans. The plans further provide essential information that is required to calculate accurate participation quotas (PQ) as it indicates the size in square meters of each section in the scheme. In this blog post, we consider the information...
Owners in a sectional title scheme who own more than one unit next to, or above, each other can opt to have their sections consolidated into one. While this is not a complicated process, it does need to comply with a few regulations of the Sectional Title Act. Why consolidate two sections? The consolidation of sections is normally determined by two factors...
Parking bays and store rooms can be quite a controversial subject, especially when it comes to a unit being sold of which the owner has had the use of a parking bay or a store room. It is commonly assumed that such a parking bay or store room belongs to the seller and they have the right to sell it...
Owners of units in sectional title schemes are often surprised when they need to pay an excess on a claim submitted to the body corporate’s insurers. It seems like many owners do not understand the relationship they have with the scheme’s insurance policy and the terms attached to such a policy. One of the important responsibilities of trustees is to ensure...
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...