What Is a Levy Clearance Certificate – and Why Is It So Important?

What Is a Levy Clearance Certificate – and Why Is It So Important?

What Is a Levy Clearance Certificate – and Why Is It So Important? When a property in a Sectional Title Scheme or Homeowners Association is sold, the conveyancer must obtain a Levy Clearance Certificate from the managing agent before the transfer can go through....
Where Do Your Levies Go? A Clear Breakdown for Owners

Where Do Your Levies Go? A Clear Breakdown for Owners

Where Do Your Levies Go? A Clear Breakdown for Owners Levies are the financial backbone of a scheme. They ensure the property is well-maintained, compliant, and secure – protecting the value of every owner’s investment. Here’s what each type of levy typically...
Fiduciary Duties of Scheme Executives in South Africa

Fiduciary Duties of Scheme Executives in South Africa

Fiduciary Duties of Scheme Executives in South Africa Serving as a Scheme Executive, whether a Trustee in a Sectional Title Scheme or a Director in a Homeowners Association (HOA), is more than a title. It’s a legal and ethical commitment to act in the best interests...
Scheme Rule Enforcement: Supporting Fairness Without Fuelling Conflict

Scheme Rule Enforcement: Supporting Fairness Without Fuelling Conflict

Scheme Rule Enforcement: Supporting Fairness Without Fueling Conflict. Community Scheme rules exist to protect the shared interests of all residents -but how they’re enforced can make or break the sense of community. Here’s what Scheme Executives need to know: Conduct...
What Should Your Managing Agent Really Be Doing for Your Scheme?

What Should Your Managing Agent Really Be Doing for Your Scheme?

What Should Your Managing Agent Really Be Doing for Your Scheme? Managing agents play a vital role in supporting Scheme Executives – whether you’re a Trustee in a Body Corporate or a Director in a Homeowners’ Association. The right managing agent helps...
Transparent Financial Management: A Cornerstone of Good Governance

Transparent Financial Management: A Cornerstone of Good Governance

Transparent Financial Management: A Cornerstone of Good Governance Financial mismanagement can destabilise even the most well-run Scheme. That’s why transparent financial practices are not just expected – they’re essential. What does best practice look like?...
Sectional Title vs Full Title: What Every Buyer Should Know

Sectional Title vs Full Title: What Every Buyer Should Know

Sectional Title vs Full Title: What Every Buyer Should Know Before you sign an offer to purchase, it’s important to understand how property ownership types affect your costs, responsibilities, and lifestyle. Here’s a breakdown of three of the main types of ownership...