Everything you need to know about paying levies Most buyers who are considering a Sectional Title property know by now that they should first check how much the monthly levy is and what it covers before making an offer to purchase. However, they should also ask for a...
What is the Maintenance, repair and replacement plan (10 year plan)? The Maintenance, repair and replacement plan is a detailed schedule of expected maintenance for the scheme over the next 10 years. The plan is drawn up by the Scheme Executives, who may make use of...
Useful Sectional Title terms Residential Sectional Title Scheme A residential building or group of buildings where owners own “sections” of the building. Example: Block of flats or apartments; Townhouse Scheme. Section The internal space of the unit...
Semigration gone wrong! Don’t let your dream move turn to dust Call it semigration, reverse migration, or the Great Move. Either way, thousands of South Africans who’ve got a taste of remote working are grabbing the chance to leave big cities, flocking to...
Removing a director serving on the board of your Home Owners’ Association Generally speaking, it can be quite difficult to get volunteers to serve on the board of directors of Home Owners’ Associations (HOA’s) registered as non-profit companies. Usually members are...
Payment of sectional title trustees Schemes need reliable executives to work with their managing agents. People are becoming more conscious of their rights and more demanding of those who owe them duties. At the same time, society is becoming less polite. People revel...
4 Smart tips for spending your year end bonus Homeowners who are fortunate enough to receive a 13th cheque or a bonus payment at the end of the year, should use at least part of it to reduce the capital portion of their home loan. That’s the advice of Carl Coetzee,...
12 Budget-friendly outdoor ideas for everyday summer entertainment Summer is the perfect time to get outside and take care of the home improvement projects you’ve been putting off and novices will be happy to know that not all home upgrades and repairs demand...
Sectional title funds – why a cheque account simply won’t do The worst types of mistakes made are those we make without even realising it. Why? Because one minute we’re going about our business in ignorant bliss and the next the rug is pulled from under us when...
The most looked at item in your home Eye-tracking technology has been used to identify the exact areas and decor trends that people’s eyes are drawn to when visiting their family and friends. Turns out the kitchen floor, bathroom mirrors, home office chairs and throws...
