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
Thinking Inside the Box 