Thinking Inside the Box

A Paddocks Sectional Title Lifestyle Blog

Monthly Archives: August, 2018

Bodies corporate need to budget for the education and training of the trustees

By Paddocks Trustees in sectional title schemes have many powers and duties as set out in the Sectional Titles Schemes Management Act, 8 of 2011 (“the STSM Act”). These powers … Continue reading

August 29, 2018 · 2 Comments

Levies – can it be determined only according to PQ?

By Zerlinda van der Merwe In the majority of sectional title schemes, contributions towards the administrative and reserve funds of the body corporate are raised and recovered in proportion to … Continue reading

August 22, 2018 · 1 Comment

Ways to increase income in your body corporate

By Paddocks Although a body corporate should not have “making a profit” as their primary function, it is notable that the trustees are tasked with doing all things reasonably necessary … Continue reading

August 8, 2018 · Leave a comment
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