In today’s economy, managing a body corporate is more challenging than ever—just ask the trustees! Effective financial management is critical for any sectional title scheme, yet many bodies corporate find themselves in a cash flow deficit.
In Alice in Wonderland by Lewis Caroll, Alice asks the Cheshire Cat, “Would you tell me, please, which way I ought to go from here?”. The smiling Cheshire Cat responds, “That depends a good deal on where you want to get to.”
In the interconnected communities of sectional title schemes, each member's actions can create ripples, leading to significant environmental and social benefits.
In continuation of our efforts to empower community scheme managers with essential knowledge for effective arrear levy collections, this blog post serves as a follow-up to our previous discussion on common legal terms used in collection reports. Building upon the foundation laid in that post, we delve deeper into the practical aspects of instructing attorneys for arrear levy matters.
Buying your first home is an exciting milestone, but it's essential to approach it with eyes wide open, especially when considering a sectional title scheme in South Africa. While the allure of shared amenities and communal living may be appealing, there are hidden costs that first-time buyers often overlook, leading to financial strain and potential loss of investment.
On May 25th, Africa Day is celebrated across the continent, commemorating the founding of the Organisation of African Unity (now the African Union) in 1963. It is a day that brings into focus the diverse and dynamic nature of our continent, reflecting on our shared history while looking forward to a future of prosperity and unity.
Visitor management is critical to community schemes’ (sectional title complexes, apartment blocks, residential estates and retirement villages) security and operations.
May 20th marks an important date on the calendar for environmentalists, gardeners, and nature enthusiasts across the globe: World Bee Day. This day is dedicated to raising awareness about the essential role that bees and other pollinators play in our ecosystem.
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