Articles
The Role of Trustees in Sectional Title Schemes
The Role of Trustees in Sectional Title Schemes Are you fully aware of your responsibilities as a Trustee in a Sectional Title Scheme? From financial oversight to legal compliance, your role is vital for the smooth running of the Scheme. As a Trustee, your duties...
Private Property, Common Property, and Exclusive-Use Areas – What Scheme Executives (Trustees) Need to Know
Private Property, Common Property, and Exclusive-Use Areas – What Scheme Executives (Trustees) Need to Know In a Sectional Title Scheme, managing the balance between private and shared spaces is essential. Scheme Executives (Trustees) must have a clear understanding...
The Importance of a 10-Year Maintenance Plan
The Importance of a 10-Year Maintenance Plan Did you know that a 10-year maintenance plan is not just a suggestion—it’s a legal requirement under the Sectional Titles Schemes Management Act (STSMA)? This plan is essential for the long-term sustainability of your...
Tips for Financial Planning in Community Schemes
Tips for Financial Planning in Community Schemes Effective financial planning is crucial for ensuring your Community Scheme remains financially viable and well-maintained. Here are a few key steps to keep your finances on track: Drafting Realistic Budgets – Account...
How to Resolve Disputes in Your Scheme
How to Resolve Disputes in Your Scheme Disputes in Community Schemes are sometimes unavoidable, but they don’t have to escalate into major conflicts. Here’s a guide on how to handle them effectively: Start with Open Communication – Many disputes can be addressed...
How Utility Bill Management Affects Your Scheme’s Budget
How Utility Bill Management Affects Your Scheme’s Budget Utility bills often make up a significant portion of a Sectional Title Scheme’s budget. With proper management, your Scheme can avoid unnecessary costs and ensure financial efficiency. Here's how we assist:...
Understanding Resolutions
Understanding Trustee Resolutions, Ordinary Resolutions, Special Resolutions, and Unanimous Resolutions in Sectional Title Sectional Title Schemes are a popular form of property ownership, especially in urban areas. They allow individuals to own units within a...
Debtors – The Biggest Threat To Communal Living
Debtors - The Biggest Threat To Communal Living While communal living in Sectional Title Schemes and Homeowners Associations is very attractive to resident owners, as well as those investing in the rental market, and is by far the greatest area of development and...
Sectional Title Insurance – What is it and why is it important?
Sectional Title Insurance - What is it and why is it important? Sectional Title ownership in South Africa is a common arrangement where individuals own a unit within a shared property complex, such as an apartment building or a townhouse development. With this type of...
City Council utility accounts – are you at risk?
City Council utility accounts – are you at risk? In a Sectional Title Scheme, the City Council provides a bulk connection for the supply of electricity and water for the entire Scheme. This includes all the units and any usage by common property for common property...