Bodies corporate are separate legal entities which are automatically created, in terms of section 2(1) of the Sectional Titles Schemes Management Act[1] (“STSMA”), once any person other than the property developer becomes an owner of a unit within the Sectional Title Scheme (“scheme”).
READ MOREAs South Africans brace for the winter months, energy security becomes a paramount concern for homeowners and businesses alike. With the looming challenge of load shedding and the escalating cost of electricity, investing in a battery backup system offers not just an added layer of protection, but a multitude of advantages.
READ MORESectional title schemes are communities of property owners who share common spaces and responsibilities. This can lead to conflicts and disputes over issues such as maintenance, noise, levies, alterations, and common property use.
READ MOREThe King IV Report on Corporate Governance for South Africa, 2016 (“King IV Report”) is a set of voluntary principles and practices that provide a framework for good governance. Many organisations widely adopt these principles, including sectional title schemes, to enhance their governance standards and promote trust among stakeholders.
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