Hi, I refer to the amendment to the Sectional Title Schemes Management Act as follows (as sent to us by our managing agent):
“Body corporate is to establish and maintain a separate MINIMUM RESERVE FUND. An amount of 10% of the monthly levy contributions must be allocated
Year-on-year price growth at the end of April in the first-time buyer segment was down 0.68% (from 5.06% to 4,38%); overall across the market, the year-on-year price growth was 5,02% at the end of April, compared to 6,97% at the end of April 2016.
I have been renting a home in Pretoria and, despite renewing the lease last October, have had a few too many run-ins with my landlord. He treats me with disrespect; has physically threatened my wife over the phone and pitches up to take photos of
Hi, our financial year runs from January to December. The new act was published in October 2016, so what year should the first maintenance plan cover? 2016 or 2017? - Doug
Hi Doug, even though the act does not specify this, what makes practical sense is
Hi, what are the legal requirements (trustee meeting notice, quorum, etc.) for the passing of a round robin resolution by the trustees of a body corporate? - Gee
Hi Gee, a round robin trustee resolution is when they make a decision on paper – not at
Prospective buyers today know more than ever before. They have a mass of information at their fingertips, and as soon as they decide to buy in an area they study the area, using their budget to determine exactly what they should be able to get
Hi, I am an owner of a shareblock scheme of flats in Durban which has recently converted to sectional title (although the first transfer will only go through in a couple of months).
Our AGM is coming up soon and I need clarity on whether a
Putting a home up for sale is daunting enough without even considering all the things you need to do before taking those first few steps of finding an agent and actually listing your home.
As Adrian Goslett, regional director and CEO of RE/MAX of Southern Africa
Negotiation touches every part of our lives. Relationships in business and in our personal lives are negotiated. And the skills to do it effectively can often mean the difference between getting what you want or losing out. You don’t get what you deserve, you get
If all goes according to plan, my retirement is roughly 13 years, 7 Months and 28 days away (but whose counting?) There is still a fair amount of time to go, and a lot can change - so although not top of my mind, I have