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Your guide to understanding levies
ByJDAdminI have seen many discussions recently about both the “raising” of levies and their use, including a lot of misleading information. I am the trustee responsible for finance in my fairly large scheme. We have recently made major changes to the way we budget for the administrative and reserve funds. In this regard, we will…
To the window, to the wall, to the ceiling and the floor
ByJDAdminOne of the most common queries from our clients is who is financially responsible to maintain, repair or replace property within a sectional title scheme. Most people buy into a sectional title scheme as the costs of maintenance and repair of the unregulated common property is shared between owners, making it cost-effective to enjoy amenities…
Your guide to understanding levies
ByJDAdminI have seen many discussions recently about both the “raising” of levies and their use, including a lot of misleading information. I am the trustee responsible for finance in my fairly large scheme. We have recently made major changes to the way we budget for the administrative and reserve funds. In this regard, we will…
Different types of insurance in a body corporate
ByJDAdminRisk management for community schemes in South Africa The importance of insurance Insurance is arguably one of the most important aspects within a sectional title scheme, but, unfortunately, often only becomes relevant when something goes wrong. Too many times, an owner attempts to put in a claim with the body corporate’s insurance provider, only to…
Building on or moving on up
ByJDAdminWe were quite fortunate recently to collaborate with Estate Living on a webinar where we chatted about alterations and renovations within community schemes. It is a good time to discuss this topic, as many of us now work from home where we used to work in an office, or find ourselves spending more time at…