Stratafin news

Read news, views, and insights on all subjects relating to community housing schemes, bodies corporate, and homeowner associations.
Funding projects
Articles

How to Fund Major Maintenance Projects 

Budgeting for major maintenance projects is one of the most important executive functions of the trustees. Trustees attempt to keep levies low, but this should never be at the expense of saving for future maintenance projects. 

Full Story
Exclusivity
Articles

Exclusivity

The community property element of sectional title schemes comes into play when we refer to common property. Common property includes all the land and those parts of the buildings that are not included in the sections. The body corporate must maintain the common property

Full Story
PARKING
Articles

The Problem that is Parking 

When I first started practicing as a community scheme attorney I realised that there were three topics that came up as common “problems” in sectional title living. I categorised these issues as the “3 ‘P’s’ of sectional title living”, namely pets, parking and people. These “P problems” are the cause of most of the issues and disputes in sectional title schemes. In this article I will deal with parking issues. 

Full Story
New Year! New Scheme!
AGM / SGM

New Year! New Scheme!

There are a multitude of tasks that trustees need to undertake in order to manage all the legislated responsibilities for running a successful sectional title scheme. There are financial, legal, administrative and physical tasks that need to be planned out and executed

Full Story