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Owners can be left frustrated when they have planned an alteration or renovation and then realize that they require the trustees’ approval before any work can be carried out. This is why it is important that owners familiarize themselves with the rules of the body corporate so that planned alterations and renovation can proceed without any unnecessary delays. Below are some...

As a body corporate cannot function without funds, managing the scheme’s funds is one of the most important responsibilities the trustees have. While the trustees make decisions on how and when the funds must be allocated, they do not actually manage the funds themselves - this function falls on the managing agent. This is where problems sometimes arise and it is...

We live in the age of instant communication. These days, people seem less willing than before to spend time talking on the telephone or attending a meeting in person. Aside from the effect of COVID-19, the exponential growth of technology in the communication sphere has certainly added to the reluctance of people to connect in person. Community scheme management has certainly...

On 1 February 2022 the new Property Practitioners Act will commence. While this new consumer-driven Act aims to provide protection for consumers when purchasing, leasing, financing, renting or property, the requirements will be quite taxing for property practitioners. Below are a few changes of importance that the new law will bring to the industry. Property practitioners & Fidelity Fund Certificates The definition of...

The fundamentals of sectional title schemes and home owners’ associations (HOA) are very similar. Both are community schemes with shared use of common property where owners pay a levy to the scheme as a contribution for common property expenses. There are differences between the two types of community schemes that are important to understand. Legislation The legislative laws that apply to sectional title...