Good day, our trustees have decided to increase our levies by 20% per annum. If you are an owner but not one of the trustees, do you have a say in the increase of levies?
In terms of Management Rule 21 (b) the trustees may only increase
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
“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.”
“Someone hasn’t been paying their levies.”
“Thirteen thousand rands’ worth?”
“Yes. So for the next 10 months my levy is going up by
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
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
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
Hi Bennie, yes the CSOS levy is calculated on the total monthly
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
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,
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
In our complex there are 16 units and our levies are R1,250 each per month. So according to my calculation that’s R15 per unit – paid quarterly will be plus/minus R240 to the ombudsman. I have no idea to whom we send this amount or is