The question of whether the Promotion of Access to Information Act[1] (“PAIA”) applies to a unit owner’s request for financial information from a body corporate has been a contentious issue in the industry for a few years now, marked by conflicting interpretations and considerable debate.
READ MOREAre you, as a Property Practitioner, aware that you could be an Accountable Institution? Are you compliant with FICA? It may seem daunting and overwhelming to know where to start, but don’t worry we’ve got you covered. Below is a guide to assist you to ensure your compliance.
READ MOREThe issue of whether a body corporate is shielded from the prescription of levy debts owed by members continues to be debated in the legal arena, with significant implications for sectional title schemes.
READ MOREFor most people, their home is their biggest and most important asset. However, unlike other big assets, the sectional title home tends to be the least researched and understood asset prior to purchase.
READ MOREIn the state of New South Wales (NSW), Australia, legislation imposes specific responsibilities on banks and other financial institutions, when they take possession of sectional title units (referred to as ‘strata lots’) after foreclosure.[1]
READ MOREIn the complex world of sectional title management, even apparently straightforward aspects like voting procedures can spark lively debates among industry professionals. Recently, our Western Cape Regional Sales Manager, Brendon Levin, raised an intriguing question with us following a general meeting of a body corporate for purposes of borrowing funds.
READ MOREIn legal disputes, there are moments when one party resorts to a “kitchen sink” approach, throwing a multitude of technical defences and procedural challenges at a case in hopes that something will stick and possibly delay the inevitable.
READ MOREDura lex, sed lex is a Latin phrase meaning “the law is hard, but it is the law”.[1] This legal maxim captures the principle that law must be applied and enforced, even when the outcome may be harsh or regrettable.[2] In Les Misérables, Victor Hugo explores this theme through characters like Inspector Javert, who embodies the unyielding rigidity of the law in contrast to the compassion often needed in justice.
READ MOREIn sectional title schemes and bodies corporate, trustees occupy a critical role. They have to balance their fiduciary duties with the potential personal risks inherent in their position. These risks include financial risks.
READ MOREThe 2019 Cricket World Cup Final between England and New Zealand was marked by an umpiring controversy that left a lasting impact on the cricketing world.[1]
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