How to Claim Once the insurance policy is in place, the property owner must pay the premiums on a regular basis to maintain coverage. This is done usually as part of your levies in a Community Scheme. If a loss or damage occurs, the property owner must file a claim...
Benefits of Insurance for Community Schemes While having a Sectional Title Community Scheme insurance policy is mandated by law, it still helps to know that it is there for a good reason. Insurance provides protection to property owners against losses and damages...
How Insurance Works for Sectional Title Community Schemes Insurance for Sectional Title Community Schemes works by transferring the risks associated with owning and managing property to an insurance company. Property owners pay a premium to the insurance company, and...
Managing Agent for your Community Scheme Community scheme management can be a daunting task for the trustees or directors responsible for managing the affairs of a complex or estate. The managing agent plays a crucial role in ensuring that the community scheme runs...
Community Scheme: The Pros and Cons of Shared Living Living in a community scheme can be an excellent choice for those seeking a more connected, cost-effective, and shared lifestyle. In a community scheme, individuals share expenses, communal facilities, security, and...
Community Scheme Management Community scheme management refers to the management of residential, commercial, and industrial properties by a group of owners who have formed a community scheme. These schemes typically involve a variety of tasks, including managing the...
How the Community Schemes Ombud Service can help you deal with ‘nuisance behaviour’ Living in a community housing scheme can be exciting when it involves getting to know close neighbours from different places and backgrounds and their diverse perceptions and...
Here are 11 key factors that influence your home valuation Article Source: https://www.property24.com/articles/here-are-11-key-factors-that-influence-your-home-valuation/31475 Article Date 15 Jan 2023 Every homeowner wants the best possible return on their...
Who pays?! Article by: Jennifer Paddock This is the crux of most of the questions we get from our members of Paddocks Club. As many of you already know, the general rules are that the body corporate pays for common property expenses and owners pay expenses associated...
Are you making this mistake when proposing special or unanimous resolutions? I recently received notice for two meetings called by a body corporate of which I am a member. The email to which the agendas and supporting documentation for these meetings were attached,...
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