Thinking Inside the Box

A Paddocks Sectional Title Lifestyle Blog

Category Archives: Financial

Water Amendment By-Law

By Zerlinda van der Merwe Irrespective of where you live in South Africa, you are likely to have, at one time or another, encountered water restrictions and the possibility of … Continue reading

November 21, 2018 · 3 Comments

Trustees squander scheme money

By Paddocks An owner in a sectional title scheme objected to the idea of the body corporate building up a large cash reserve that the trustees could just squander. It … Continue reading

October 31, 2018 · 1 Comment

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

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

April 11, 2018 · 1 Comment

Electing a home owners’ association director

By Anton Kelly Because non-profit companies were dealt with in section 21 of the previously applicable Companies Act, you might still hear of home owners’ associations (HOAs) being referred to … Continue reading

March 28, 2018 · 3 Comments

Are the rules and architectural guidelines in your HOA binding?

Despite the fundamental governance documentation for home owners’ associations (HOAs), almost all HOAs have additional documentation that restricts the way members can use their properties, conduct rules and architectural and landscaping guidelines being the most common. The question could be, though, are rules and architectural guidelines binding on HOA members?

November 29, 2017 · Leave a comment

Can’t subdivide? Sectionalise! – Duet sectional title schemes

Many property owners seek to exploit the potential of their properties by adding a second dwelling or by subdividing off a portion if the property is large enough. One of the possibilities is to raise the building by one or more storeys.

November 22, 2017 · Leave a comment

Annual financial statements and the audit

By Zerlinda van der Merwe Two of the prescribed items of business to be dealt with at a sectional title scheme’s annual general meeting, is the consideration of the annual … Continue reading

November 1, 2017 · Leave a comment

Trustees? Meetings? What trustees and meetings?

By Anton Kelly “In our sectional title scheme, it seems there are no trustees, no meetings, and no input by the owners in its management. How can this be?” A … Continue reading

October 25, 2017 · 2 Comments

CSOS application for dispute resolution form

By Zerlinda van der Merwe In this article, we will take a look at the form and content of the application to be completed and submitted to the Community Schemes … Continue reading

October 12, 2017 · Leave a comment

Sectional Title scheme management options

By Anton Kelly There is a surprising variety of options the owners in a sectional title scheme have regarding who manages their scheme. This is especially so in small schemes, … Continue reading

September 27, 2017 · 3 Comments

Fining Rules in Home Owners’ Associations

By Carryn Melissa Durham Recently I wrote an article on Fining Rules in Sectional Title Schemes. This article will deal with the validity of a penalty rule and the validity … Continue reading

September 20, 2017 · Leave a comment
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