Stratafin news

Read news, views, and insights on all subjects relating to community housing schemes, bodies corporate, and homeowner associations.
What is a body corporate?
Articles

Who and what is the body corporate?

In terms of section 1 of the Sectional Titles Schemes Management Act 8 of 2011 (“the STSMA”) ‘‘body corporate’’, in relation to a building and the land in a sectional title scheme, means the body corporate of that building. This definition does not shed much light on what the body corporate is.

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Trustees skilled
AGM/SGM

Trustees need to be in the know

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 particular sections 3, 4 and 5 of the STSM Act prescribe the functions, powers and additional powers of the body corporate

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Chairman
AGM/SGM

The Role of the Chairperson at an AGM

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.

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Replace a Trustee
AGM/SGM

When can a Trustee be replaced?

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

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Voting rights of trustees
AGM/SGM

Can trustees consent to changes to common property?

It is important to take note that no conduct rule can override the management rules. In terms of section 10(1) of the Sectional Titles Schemes Management Act (the “STSM Act”), the management and conduct rules are both subject to the provisions of the STSM Act.

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