Valid fining rules in sectional title schemes
By Paddocks Sectional title schemes all have conduct rules that owners and other occupiers must obey. It makes sense that the sharing of space and facilities is regulated. The Sectional … Continue reading
Top 5 tips for first time sectional title trustees
By Paddocks The trustees in sectional title schemes are elected at the annual general meeting (“AGM”) and very often the same people are elected year after year. Even if new … Continue reading
Trustees and their powers
By Zerlinda van der Merwe In our consulting department, we are often told by owners in sectional title schemes, that the reason they cannot do something they would like to … Continue reading
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
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
Approval of a ten year maintenance plan for sectional title
By Anton Kelly As you may know by now, the Sectional Titles Schemes Management Act, 8 of 2011 (the Act) requires all sectional title schemes to have a separate reserve … Continue reading
