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Sectional Title Budgeting for the non-financially minded Trustee
Budgeting can be daunting in the best of circumstances. For the South African homeowner and Trustee in a Sectional Title Scheme, there may be some doubt regarding how monthly levies
Non-payment of levies in a Community Scheme and how it affects the owners
The non-payment of levies by owners within a Sectional Title Scheme creates a burden on the Body Corporate or Homeowners Association’s paying members to maintain the common property. This non-payment
How Stratafin gives trustees peace of mind
Stratafin offers clients, such as trustees and directors, real cash flow solutions to restore their financial balance and, ultimately, their peace of mind. Stratafin’s innovative business model for Trustee peace
Frequently asked questions about levies in arrears
While many Managing Agents, Bodies Corporate, and Homeowner’s Associations will try and initially deal with debts owed by trying to collect levies in arrears themselves, not all cases can be
Take the stress out of sectional title levy arrears
At Stratafin, we take the stress out of sectional title levy arrears by offering our clients real levy debt management solutions to help restore Body Corporate’s or HOA’s financial balance
How to handle a non-paying owner in a Sectional Title Scheme?
Did your mother threaten you with her slipper or a wooden spoon?
Unfortunately neither of these work when it comes to non-payers.
Shedding the Light on Solar in Community schemes
Willie Roos from Stratafin, Abrie Snyman from Multiprof Property Intelligence and Glen van der Vyver from Maxlite discuss the various aspects regarding having solar in Community Scheme…. also see What
POPI And PAIA Acts as the CSOS deadline comes into effect
Join Willie Roos, Stratafin’s CEO, and Dilen Heerschop from DTB attorneys as well as Veronica Bhengu from Confiance Administrative Solutions as they revisit and discuss how POPI and PAIA affect
Are Bodies Corporate entitled to recover legal fees in respect of the collection of arrear levies?
The failure by owners to comply with their legal obligation to pay levies, necessitates the Trustees to take legal action for the collection of the outstanding levies. This can become
An owner’s failure to maintain exclusive use areas
Introduction Owner failed to maintain an Exclusive use area? The body corporate retains the operational responsibility to maintain exclusive use areas, while the financial responsibility lies with the holder of
Cancellation of an exclusive use area
Introduction Recently I received an interesting consultation request to give advice on the cancellation of an exclusive use storeroom. In this scenario the scheme had a storeroom that had been
