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Sectional title corner – Why is our security levy payable by PQ?

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Q

Hi, is there any way that we can get around the fact that the security levy is calculated and payable by participation quota (PQ)? We feel that in our sectional title complex, which consists of various sized homes, it unfair to say that a big house gets better security than a smaller one. Why do we then have to pay per PQ? – Valerie

A

Hi Valerie, unfortunately you can’t get around it. The act clearly prescribes that cost must be split per PQ.


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This question was answered by experts from the Central Developments Property Group and facilitated by communications manager Alda Erasmuscentral developments


Who is Alda Erasmus?

Alda Erasmus, Cosmopolitan Projects and Central Developments Group communication manager

Alda Erasmus, Cosmopolitan Projects and Central Developments Group communication manager

After obtaining an honours degree in Corporate Communication from UJ, Alda spent 11 years living and working in the USA, the Netherlands and the UK in the financial software industry. She joined the Cosmopolitan Projects and Central Developments Property Group in 2010. Since then Alda has worked with all the divisions in the Group, including human resources, land development, project management, construction, marketing and property management.

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ungerermariette@gmail.com

Mariette Steynberg is a qualified economist with a post-graduate diploma in financial planning. She has enjoyed working on holistic financial plans for clients in various stages of life, as well as a development economist assessing the socioeconomic impacts of new developments. When she is not working, Mariette enjoys parenting her quirky, delightful toddler girl. Cloth diapering, Eskimo kisses and the importance of reading to your child are all causes close to her heart. Mariette is passionate about financial education and hopes to use the experience she has gained to share knowledge with HomeTimes’ readership. Her goal is to provide information that is implementable by everyone.

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