Do You Know the Key Role Players in a Sectional Title Scheme?
Understanding the key role players within a Sectional Title Scheme is essential for effective Scheme management and smooth day-to-day operations.
Each role comes with specific responsibilities designed to ensure the Scheme runs efficiently and in the best interests of all owners and residents.
Here’s an overview of the main role players:
Body Corporate
All owners in the Scheme responsible for overall management.
Trustees
Elected members or non-members overseeing the Scheme on behalf of the Body Corporate.
Managing Agent
Appointed company overseeing the Scheme’s finances, compliance and administration.
Estate Manager
Assists Trustees with daily operations, maintenance, and access control.
Rental Managing Agent
Manages rentals on behalf of individual unit owners.
Service Providers
Contracted for services such as security, gardening, and cleaning.
Scheme Employees
Directly employed by the Scheme for specific tasks.
A clear understanding of these role players ensures transparency, accountability, and efficient management within your Sectional Title Scheme. Each plays a vital part in maintaining the Scheme’s operations, financial health, and community harmony.
Learn more about how ANGOR Property Specialists support your Scheme’s management needs.
Codes of Conduct — How a Good Sectional Title Managing Agent Will Work for You