Blog Posts List
Previous Editions
Navigating the Legalities: A Guide to Sectional Title Schemes in South Africa
Sectional title schemes are a popular form of property ownership in South Africa, especially in townhouses, flats, and apartment complexes. But owning a unit in a sectional title scheme comes with shared responsibilities and legal rules. Let’s break down the key aspects you need to know to navigate these schemes with confidence.
Why Are Levies Important in Property Management?
In a shared living community, monthly levies are crucial for maintaining the quality, safety, and appeal of the property. Whether you’re part of a Homeowners Association (HOA) or a Body Corporate, levies contribute directly to the upkeep of shared spaces and the smooth operation of community facilities. Here’s why they’re essential and why timely payment matters.
Understanding Common Property vs. Exclusive Use Areas
When it comes to community living, like in complexes or estates managed by Home Owners Associations (HOAs) or Bodies Corporate, understanding the difference between Common Property and Exclusive Use Areas is essential for homeowners and trustees alike. Here’s a quick breakdown of these two important terms in property management.
The Role of a Trustee in Property Management
Trustees play a crucial role in managing and maintaining shared properties, ensuring the smooth running of communities. Their responsibilities span finances, maintenance, rule enforcement, and legal compliance. Here’s a brief look at how trustees contribute to a well-managed, harmonious property.
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We arrange for accredited contractors to provide maintenance and repairs, ensuring all work meets the highest standards.
We deliver monthly financial management reports, comparing income and expenditure with the draft budget, ensuring full transparency.
We manage the entire process, from billing and receipt of levies to reminders and legal handovers for non-payment, ensuring a smooth collection process.
We assist in planning and conducting AGMs, drafting agendas, notices, and managing proxies. We also attend Special General Meetings and arrange venues.