Sectional title corner – your burning questions answered
I am told that I am only allowed to hold two proxies for our upcoming AGM. And the managing agent also told me that I will only have one vote at the AGM despite the fact that I own three sections in the scheme. Please clarify. – Mona
Hi Mona, what you are referring to is contained in the Sectional Title Schemes Management Act (Act 8 of 2011).
In 2011 the STSM Act was first published to come into force on a date to be announced by the minister. The Act could not come into force before its regulations had been finalised.
Then, finally, on 2 October 2015, these regulations were published and opened for public comment for a period of 30 days. The department is currently reviewing all the comments it received and will announce the final regulations as well as the date that the Act will come into force thereafter.
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Who is Karien Coetzee?
Karien Coetzee is the national property management consultant at property management company, Trafalgar. She holds qualifications in sectional title schemes management and homeowners association management.