In simple terms the developer owns the land on which the scheme is built. The developer then works with architects, engineers, builders, land surveyors, the local municipality, conveyancers, and the deeds registry to establish the buildings on the land that will make up the scheme. Once the first unit is sold the body corporate is formed.
Introduction The elected trustees of a sectional title schemes have been given many powers and duties in the Sectional Titles Schemes Management Act, 8 of 2011 (“the STSM Act”). In
I recently had a discussion with a managing agent on the role of the chairperson in general meetings of the body corporate (“AGM meetings”). There is often confusion regarding the chairperson’s powers and responsibilities in this regard.
Introduction Community living means that owners and occupiers live in close proximity and need to share space and amenities. The Sectional Titles legislation deals with any of the consequential negative
Introduction Owners can appoint another person as a proxy to attend general meetings. In contrast, trustees cannot appoint a proxy to attend trustee meetings on their behalf. Trustees often incorrectly
Introduction Recently I was approached by a client who owns a unit in a mixed-use scheme. The trustees had authorised the installation of an air vent and extractor fan for
Can you take resolutions at a meeting if it is no longer quorate – let’s discuss what the law says and how to deal with it in meetings.
Spring has sprung! This means summer is around the corner, and we can enjoy more time outdoors. Swimming is a favourite warm weather activity for many. One of the questions
Ordinary resolutions in Sectional Title are required for the majority of body corporate decisions. Read on to find out what decisions can be made with an ordinary resolution.
Unanimous resolutions in Sectional Title are required for very important body corporate decisions. This is why the correct procedures must be followed
Telephone +27 11 051 8555
Email
[email protected]
Stratafin is a registered credit provider with the National Credit Regulator, NCRCP14950
