Owners of units in sectional title schemes are often surprised when they need to pay an excess on a claim submitted to the body corporate’s insurers. It seems like many owners do not understand the relationship they have with the scheme’s insurance policy and the terms attached to such a policy.
Different decisions in sectional titles schemes require different levels of consent. There are [...]
In a sectional title scheme one of the most contentious issues that arise relates to the ownership of pets. Therefore, when considering an application by an owner or occupier of a sectional title to keep pets, a trustee needs to exercise caution.
Sectional Title owners need a better understanding of how ownership of the common property works and what they can and cannot do with it
Sectional title owners are used to contributing levies towards the body corporate’s administration fund, to cover the estimated annual operating costs for repair, maintenance, management and administration of the common property, including reasonable provision for future maintenance and repairs of the common property.
The Sectional Titles Schemes Management Act, 8 of 2011 requires all sectional title schemes to have a separate reserve fund and the money in that fund must be used to finance a ten year maintenance, repair and replacement plan.
