Reserve Funds – What You Need to Know
By Jennifer Paddock Once the Sectional Titles Schemes Management Act comes into force Reserve Funds for bodies corporate will be mandatory and the Minister will prescribe mandatory minimum amounts… This … Continue reading
Pre-paid meters in sectional tile schemes
By Anton Kelly One of the major financial problems encountered by many sectional titles schemes these days is the recovery of services costs. Quite simply, owners and tenants just don’t … Continue reading
Unfinancial Owners Can’t Vote… Sometimes!
By Jennifer Paddock You’ve probably heard that if an owner of a unit in a sectional title scheme is in arrears with his levies he is not entitled to vote. … Continue reading
Best Sectional Title Management Software I’ve Seen!
by Jennifer Paddock I am absolutely BLOWN AWAY! Yesterday I was lucky enough to be given a demo by David Bugden and Leslie Leahy, from Mystrata, of their Sectional Title … Continue reading
Annual General Meeting Prep Cheat Sheet
by Jennifer Paddock Make sure you plan your next Annual General Meeting ‘by the book’ with our AGM Prep Cheat Sheet:
CheatSheet: Who Pays? Maintenance & Repairs
by Jennifer Paddock A major area of conflict in sectional title is the answer to the question: “who pays??” Who is responsible for the maintenance and repairs of a specific … Continue reading
Maximum Rate of Interest on Arrear Levies
by Jennifer Paddock Hello Thinking Inside the Boxers! An attorney contacted me recently telling me about a client of his who had been charged interest on arrear levies at a … Continue reading
Why You SHOULD Attend the AGM
AGMs are notorious for being poorly attended. In my experience working as a managing agent I found that poor attendance was often for one of the following reasons: Owners were … Continue reading
What?! The Trustees Can Raise a Special Levy WITHOUT Consulting Owners!
Special levies are the one thing we as sectional title property owners dread more than anything. We understand that we have to pay our general/ordinary levies and we budget for … Continue reading
Are Fines in Sectional Title Schemes Legal?
Can the body corporate of a sectional title scheme, through its trustees or managing agent impose fines on owners and residents for breaches of the rules? Neither the Sectional Titles … Continue reading
6 Things to Check Before Buying a Sectional Title Property
Buying a sectional title property is VERY different to buying a conventional title house. Don’t wait until after the transfer has gone through to find out that certain things are … Continue reading
5 Benefits of Owning and Living in Sectional Title
At times I feel that there is a lot of negativity surrounding sectional title. People complaining about their neighbours, frustrated by scheme rules, unhappy with the chairman or board of … Continue reading
Do Individual Water Meters Save Money? Read This Case Study!
Athol Behr, the body corporate manager of Kenwyn on Sea in Ballito, shares his experience in deciding whether it’s a good idea to install individual water meters at the scheme. … Continue reading
Thinking Inside the Box 