25 June 2024 , ,

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.

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28 March 2024

Securing your investment: A guide to 10-Year maintenance plans for sectional title schemes

Owning property in South Africa is not just about acquiring a piece of land or a building—it's about safeguarding and nurturing that investment for the long haul. This holds especially true for sectional title schemes where communal living adds layers of complexity to property maintenance.

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A push bike lying next to a pothole in the road
27 July 2023

Affordable project funding for community schemes: overcoming financial pressure in a complex economic climate

The current economic climate has brought significant financial pressures for individuals, businesses and community schemes alike. Rising interest rates and increased living costs have rendered many individuals and families hard-pressed to maintain a balanced budget, let alone establish financial reserves for unforeseen circumstances.

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A male and female construction worker
27 October 2022 ,

Project funding: a case study

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.

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