Navigating neighbourly disputes in South Africa: Understand your rights and legal recourse for effective issue resolution.
Sectional title scheme hijackings pose real threats, leading to financial and interpersonal turmoil. Trustees abusing power can result in mismanagement, financial exploitation, and unethical decisions.
Maximize profitability by cutting rental property maintenance costs smartly. Prioritize durability over aesthetics and consider insurance for unforeseen events.
Creating an HOA in South Africa involves drafting rules, electing a board, possibly registering as a non-profit, and complying with bylaws.
Living in a boomed area offers security and exclusivity, but it comes with drawbacks like restricted access and high maintenance costs.
Sectional Title Schemes Act mandates budgets for body corporates. Factors like inflation, maintenance, and size influence levy adjustments. Owners approve budgets at AGMs.
Trustees in sectional title schemes are elected to manage finances, maintenance, and operations. They represent owners and manage portfolios such as finances, maintenance, and communication.
Understanding and addressing issues in sectional title schemes: trustees, managing agents, and owners need collaboration and accountability.