Articles
Sectional Title Ownership in South Africa – What Do You Own?
Sectional Title Ownership in South Africa – What Do You Own? Buying into a sectional title scheme, whether an apartment, townhouse, or cluster, can feel exciting, but it’s also a little different from purchasing a freestanding home. In a sectional title, ownership is...
ANGOR Owner Webinar Series
Empowering Owners in Community Scheme Living We’re excited to introduce a brand-new webinar series created specifically for owners living in community schemes - with a special focus on those navigating the unique challenges of Sectional Title ownership in South...
Bond Costs Explained
Understanding Bond Costs: What to Expect When Applying for Your Loan Applying for a bond can seem overwhelming, but knowing what costs to expect can help you navigate the process more smoothly. Here’s a breakdown of the key bond costs: Initiation Fee – A once-off fee...
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...
Empowering The Body Corporate: 8 Steps To A Strong Administrative Fund Budget
Empowering The Body Corporate: 8 Steps To A Strong Administrative Fund Budget Prescribed management rule 26(1)(e) made under the Regulations to the Sectional Titles Schemes Management Act of 2011 provides that the trustees must prepare draft administrative and reserve...
Three ways to resolve unauthorized common property alterations
Three ways to resolve unauthorized common property alterations In a consulting matter I dealt with this month, the trustees of a scheme were undertaking the mammoth task of sorting out 20 years’ worth of unapproved alterations made to the scheme’s common property....
TRACS Introductory Guide for Sectional Title Owners
Buying into a Community Scheme or stepping into the role of a Trustee can seem intimidating. We are proud to offer the TRACS Introductory Guide for Sectional Title Owners free of charge! TRACS can teach you: The benefits, duties, and responsibilities of Sectional...