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...
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....
Job Opportunity: Portfolio Coordinator / Junior Portfolio Specialist
Are you looking for a challenging and exciting job that will test your administrative and client relationship management skills? Look no further! We have a fantastic job opportunity for you to become a Portfolio Coordinator. In this role, you will be assisting the...
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...
Codes of Conduct — How a Good Sectional Title Managing Agent Will Work for You
Codes of Conduct — How a Good Sectional Title Managing Agent Will Work for You Ensuring legal compliance. Building financial sustainability. Performing daily administration. Planning renovations. Enacting resolutions. Settling disputes. Hitting your head against a...
Environmental Concerns: Managing Waste Disposal and Recycling in a Sectional Title Scheme
Environmental Concerns: Managing Waste Disposal and Recycling in a Sectional Title Scheme South Africans are well versed in environmental issues, with some endemic to the country. We all know about the high cost of power, and the shortage of energy supply – with...