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.