Resources

FROM OUR BLOG

Navigating the South African property market: Challenges and opportunities for homeowners in community schemes

It has been a whirlwind of hype and anticipation over the past month, as South Africans went to the polls to cast their votes on the 29th of May. We waited with bated breath as the results were tallied and the results almost seemed surreal despite the pre-election polling being fairly accurate.

25 June 2024 Legal and Advisory

What is ratification?

Albert Einstein once said “Everything must be made as simple as possible. But not simpler." Legal terms can often be overwhelming and challenging to interpret. One of our objectives at STS is to nurture and encourage growth and development within the communities we service.

25 June 2024 Funding and Treasury, Legal and Advisory, Webinars

Trustee and arrear levy lifelines

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.

20 June 2024 Funding and Treasury

Financing options for community schemes

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.”

29 May 2024 Community

Celebrating Environment Month: The role of sectional title schemes in promoting environmental health

June marks National Environment Month in South Africa, a time to reflect on the importance of biodiversity conservation and sustainable development.

29 May 2024 Community

Small changes, big impact: how community schemes can contribute to a better world

In the interconnected communities of sectional title schemes, each member's actions can create ripples, leading to significant environmental and social benefits.

28 May 2024 Funding and Treasury, Legal and Advisory

Arrear levy collection reports: A checklist on what to include in the initial "hand over" instruction to attorneys

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.

28 May 2024 Funding and Treasury

Costs to look out for when buying into a Sectional Title Scheme

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.

25 May 2024 Community

Celebrating Africa Day: Embracing Ubuntu with Sectional Title Solutions

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.

11 May 2024 Smart Technology

Visitor Management Systems and why your community scheme needs one

Visitor management is critical to community schemes’ (sectional title complexes, apartment blocks, residential estates and retirement villages) security and operations.

23 April 2024 Funding and Treasury, Legal and Advisory

Common legal terms used in collection reports

A community scheme will usually instruct a firm of attorneys or a collection agent to handle its arrear levy collection matters. It is important that Managing Agents and Trustees understand the process involved so that they can make decisions and give further instructions as the matters proceed (as well as be able to answer questions at the next AGM).