In a sectional title scheme, trustees are responsible for managing the day-to-day affairs of the body corporate. While most decisions are made in good faith and in the interests of the scheme, there may be times when owners disagree with how trustees have acted or failed to act. Disagreements are inevitable in shared living spaces, but how you raise concerns...
For trustees and owners in sectional title schemes, effective maintenance planning is essential to ensure the long-term value of the property and prevent costly repairs. Maintenance isn't just a responsibility – it’s a legal obligation under the Sectional Titles Schemes Management Act, which requires the establishment of a 10-year maintenance, repair, and replacement plan. Why is maintenance planning important? It preserves...
Disputes often happen in sectional title schemes because people share spaces, costs, and infrastructure. These disagreements can involve various individuals such as tenants, property owners, trustees, and managing agents. The main two types of disputes are: Financial and Administrative Issues: These can include problems with bookkeeping, audits, taxes, and legal matters. Physical Issues: These involve maintenance, improvements, alterations, and extensions....
The body corporate is obligated to carry out the responsibilities assigned to it under the Sectional Titles Schemes Management Act (‘STSMA’) or in accordance with the rules, with the aim of establishing and sustaining an administrative fund that adequately covers the estimated annual operating costs for the repair, maintenance, management, and administration of the common property. Administrative budget The creation of a...
A holder of an exclusive use area (EUA) has the exclusive right to the use and enjoyment of the EUA and can make minor improvements to the area. However, the holder must ensure that any improvements do not detract from the appearance of the section or the common property. The holder of the EUA will require written consent from the trustees...