Thinking Inside the Box

A Paddocks Sectional Title Lifestyle Blog

Category Archives: Reserve Funds

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

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
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