Stratafin news

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

The Developer’s responsibility in regard to the first General Meeting

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.

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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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