Home / Posts Tagged "levy"

Q In my sectional title complex, which is a mixed-use development, i.e. commercial and residential, the trustees budgeted for a deficit in the 2015/16 financial year. The developer, who owns the commercial portion and a large number of residential units, dominates the board of trustees and

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“John, did you see the email from the managing agent?” “No, what email?” “Basically, the body corporate has to raise a special levy. Something like R13,000.” “Gosh, why?” “Someone hasn’t been paying their levies.” “Thirteen thousand rands’ worth?” “Yes. So for the next 10 months my levy is going up by

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Q Hi, I have two questions: #1 For the purpose of a delineation between common property and exclusive-use property – how is this determined? Does median line come into the equation? #2 Is the outside wall of an exclusive-use area the responsibility of the body corporate or the

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Q Hi, we are in a complex of three houses which is run by a common law homeowners association (HOA). The levy is R500 so presumably our CSOS levy is zero? My question is do we have to register our HOA with the CSOS? - Tony A Hi

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Q Good day, is the CSOS levy applicable to the security portion of the monthly levy as well. We have two separate entries on our monthly bill: The monthly levy and the security levy. - Bennie A Hi Bennie, yes the CSOS levy is calculated on the total monthly

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Q Our complex consists of nine sectional title units and 38 full-title units. We currently have insurance covering the buildings of the nine sectional title units; this premium does not form part of the levy but is shared equally between the nine owners. The insurance for

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Q Hi there, I am behind on my levy payments by more than R13,000. My body corporate is charging me 5% in arrears interest which is equal to R650 per month (or R7,800 per year) - on top of our monthly levies which is R1,800. So,

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Q I read your articles on the Community Schemes Ombud Service (CSOS) and the new Sectional Title Schemes Management acts. What I can’t get clarity on (I’ve even emailed the CSOS people with no response), is whether these laws apply to duets? I don’t see any exclusion

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