Stratafin news

Read news, views, and insights on all subjects relating to community housing schemes, bodies corporate, and homeowner associations.
Trustees knowledge
AGM/SGM

Trustees need to be in the know

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

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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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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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