Sectional title legislation requires all sectional title schemes to have a 10-year maintenance plan, also referred to as a maintenance repair and replacement plan (MRRP), which estimates the maintenance cost required by year over a period of 10 years. This plan does not generally include day-to-day maintenance items as those are allocated to the administrative budget. Let’s consider why a 10-year...
The road infrastructure and the resultant road behaviour in an estate with many units are probably more important talking point than in a smaller complex; yet, it is a topic that comes up every now and then. In a larger estate, the road infrastructure serves to direct traffic in and around the estate in the least disruptive manner possible and speeding...
The importance of selecting competent trustees to manage the scheme’s affairs cannot be overstated. Not only do they need to understand sectional title, they also need to fully understand their role and the responsibility, and be committed to carrying out their duties to the best of their ability. The members of a scheme can – and should – hold the trustees...
Like any business, a body corporate is dependent on the income it derives from its operations. In the case of a body corporate, this income comes from its members paying levies without which the body corporate cannot function. How are levies calculated? The budget must be tabled for review and approval by the scheme members at every annual general meeting (AGM). The...
On 1 July 2021 the Protection of Personal Information Act (or POPI Act) commenced. This act will have substantial bearing on how institutions, companies and other organizations - as keepers of information - protect and use information they have in their possession. This includes all community schemes such as bodies corporate. While the Act does not set specific rules, it does...