Thanks for good reporting on the community schemes ombud. I live in an estate and the board is trying to dodge the ombud by changing the rules that disputes will be referred to an advocate with at least 15 years’ experience. Is this legal? I
Sellers of low- and mid-value properties spend a longer time on the market compared with high, luxury and super-luxury homes, regardless if they list 0% and above their properties’ market value. Interestingly, luxury-value properties spend the least amount of time on the market, regardless if
Based on HomeTimes’ articles, it has been mentioned that the Community Schemes Ombud Service levies will be raised on 1 January 2017. My question is, when is the effective date? 1 October 2016 or 1 January 2017. The reason for my question is my mother’s complex has issued a
There is no user manual for all aspects of homeownership, from moving, to taking occupation and to maintaining and understanding common and uncommon defects. Albert van Wyk has more than 38 years’ worth of building experience and has put all he has learned into a
The Community Schemes Ombud Service was officially launched today in Rosebank, Johannesburg, with officials and key stakeholders in attendance.
Although the office of the chief ombudsman was established at the end of 2014, the draft regulations were only gazetted little over a month ago on 7
John Loos, FNB’s poster boy for residential property economics, pictured himself as a criminal lawyer when he was a youngster – something he attributes to watching too much LA Law. He never saw himself as an economist, let alone a property economist – a job
You may not be held liable for the debt of your home’s previous owner – or for three decades of municipal debt linked to your property.
This week, the North Gauteng High Court ruled that January’s Supreme Court of Appeal (SCA) ruling that homeowners could be
We have a small complex consisting of six units: Five of the units are owner-occupied with one having a tenant in occupation.
Each owner is a trustee, and I for my sins have for a number of years organised all that is necessary for the management
The once-off cost and ongoing fees of debt review do not come cheaply. According to FNB, a consumer who, for example, has an initial balance going into debt review of R54,452.38 will pay R7,809 once off to get the process started. Ongoing fees will, in
The Community Scheme Ombud Service Act and the Sectional Title Schemes Management Act were each gazetted one month ago. While these acts have certain things in common, there is confusion as to which regulations refer to which acts and how they apply to share scheme