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Community schemes are often left in the unenviable position where they require an urgent ad-hoc service or project to be completed, but don't necessarily have the funds in reserve at the time for this to happen. Raising a special levy is also not always possible. Securing project funding may be the best option to protect property value and/or prevent building decay.
READ MOREHolidays are notorious for being a risky time for crimes like burglaries and break-ins. December is just around the corner and many people are planning to go away over the festive season, increasing the opportunity for criminals to strike.
READ MOREIt’s best to pay attention or you can fail on technicalities. A special resolution could only be successfully passed if the prescribed procedures were followed, and the appropriate majorities voted in favour of the resolution.
READ MORERetirement villages come in various shapes and sizes, and it is essential to know and understand the different structures applicable to these community schemes.
READ MOREFinancial times are tough for everybody, including senior citizens. There are ways for community schemes to supplement their levy income. One of which is through advertising income, such as Sectional Title Solutions’ Common Property Advertising Solutions.
READ MOREMany bodies corporate have a 10-Year Maintenance Plan but then simply use it as a tick box exercise. Even if the development of the plan is done with adequate participation and intention, the plan is often not properly implemented. That makes, what can be a very useful tool, an absolutely wasted opportunity.
READ MORESouth Africa commemorates Older Persons Week from 26 September to 2 October. International Day of Older Persons is celebrated on 1 October every year. These events are all about celebrating being “older”, raising awareness about issues affecting seniors, and having a meaningful life in your golden years.
READ MOREMost of us know that purchasing a unit in a community scheme would require the payment of levies. However, a defaulting unit owner attempted to justify the withholding of levies and contested the interest charged on the arrear amounts in a recent Western Cape High Court case. The court found that the defendant’s arguments amounted to “grasping at straws”.
READ MORESTS places high value on making an impact on the world and preserving our natural resources for future generations. Sustainability is not only a major consideration in how we conduct our business processes and choose our partners, but is also factored into our corporate social responsibility initiatives.
READ MOREIt’s probably safe to say that most South Africans are beyond fed-up with our unreliable electricity supply. We’ve already had an extraordinary amount of load-shedding during this year, and winter was especially bleak and dismal for homeowners and businesses alike.
READ MOREIn a world that generally runs at a frantic pace, I truly enjoy days of the year set aside to commemorate special people and moments in life, such as the recently celebrated Mandela Day.
READ MOREWith our fibre to the home installation, you can enjoy better speeds, smarter living, and increased security whilst adding to the desirability and value of your property. The infrastructure is fully funded and maintained, and allows for superfast internet connectivity at your fingertips.
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