In 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 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 MOREAs South Africa bids farewell to load shedding, there’s a new term emerging in the public discourse: water shedding. While it may seem like a distant concern for many, the reality is that water shortages are becoming a significant challenge for the country.
READ MOREIn the world of sectional title ownership, levies are a critical financial mechanism that ensures the proper functioning and maintenance of shared spaces and facilities.
READ MOREIn Swahili, “Asante” means “thank you”, a common and heartfelt way to express gratitude in Swahili-speaking regions. It is appropriate in various contexts, from daily interactions to formal occasions. However, on 20 September 2024, it is unlikely that the Body Corporate of Asante used this expression of gratitude.
READ MORE“I wonder which way I ought to go!” - Alice in Wonderland. Unlike Alice’s approach for a body corporate, its trustees, unit owners, and managing agents, managing a sectional title scheme making this type of crucial decision, requires careful financial planning.
READ MORE"Good fences make good neighbours." This famous line from Robert Frost's 1914 poem “Mending Walls” highlights the idea that clear boundaries help maintain harmony between people. However, as urban living evolves and people reside in increasingly close quarters, the metaphorical fences of Frost’s time seem to dissolve, exposing residents to new challenges. One of these challenges is dealing with domestic violence within sectional title schemes.
READ MOREIf you’re thinking about buying a property in South Africa, or if you already own one within a community scheme, it’s crucial to understand the different governance structures. Navigating the world of property ownership can be challenging, especially when you’re dealing with community living arrangements. “Homeowners association”, “body corporate”, and “sectional titles” are three terms you’ll often hear thrown around.
READ MOREIn the complex landscape of community scheme management, where diverse needs and unique challenges intersect, finding a partner that offers a holistic suite of services is essential. Sectional Title Solutions (STS) stands out as a leader in this domain, providing tailored, innovative, and sustainable solutions that cater to the entire community scheme industry.
READ MORE