Understanding Risks in Community Schemes and the Importance of a Managing Agent
Community schemes such as sectional title complexes, homeowners' associations and share block developments are becoming increasingly popular in South Africa.
Nobody wants a special levy! Bring in the 10 Year Maintenance Plan
Special Levies are raised for any event where a scheme requires a large sum of money to fund various unforeseen matters. In most instances however, a Special Levy is raised in lieu of maintenance or replacement of assets, i.e. painting or roof repairs.
Can a Non-Owner in a Sectional Title Scheme be a Trustee?
Can a Non-Owner in a Sectional Title Scheme be a Trustee? The answer is YES.
Community Scheme Meetings vs Load Shedding
Holding of Sectional Title Scheme Meetings or Home Owners Association Meetings has always had various challenges, from ensuring that the meeting is scheduled at a time and place convenient for all of its members, to having a quorum present on the day in order for the meeting to proceed.