Levy calculations in sectional title schemes – what am I paying for?
The Sectional Title Schemes Act requires schemes to have a levy and collect the money on behalf of the body corporate. The fees are levied to pay the expenses that…
Why you need to choose the right trustees for sectional title schemes
Sectional title schemes have trustees that are elected to further the interests of the scheme. The owners empower the trustees to act in the best interest of the scheme. This…
Is it better to be a self-managed sectional title scheme?
I own a few flats in a self-managed block of flats. The finances are in perfect condition and have been handled by the same lady for the last 20 years.…
Balwin vs the owners at The Blyde Riverwalk Estate: dealing with majority stakes
The Blyde Riverwalk Estate: owning a majority stake in the sectional title scheme When buying property, you could be buying a full title, sectional title or leasehold. Balwin's The Blyde Riverwalk development…
How To Handle Complex Sectional Title Nightmares: Case Studies
Where exactly is the problem? I've heard this too many times. The block sucks. The trustees are old and demented. This managing agent is incompetent. I've been on both sides…
What Is The Difference Between Sectional Title And Free Hold Ownership?
So, you want to own property? What I can do is I can help you to understand the difference between full title and sectional title properties. When you buy a…
What Is Sectional Title And How Does It Work?
Trust in the body corporate of sectional title schemes Understanding sectional title properties shouldn't be complicated. Big terms like body corporates and board of trustees shouldn't scare you. Though it…