Hi, we are in a complex of 4 houses – different levies for each according to the sizes. At the moment we are self-managed with myself acting as chairlady, we keep a savings account which levies go into and two signatories required to draw cash
Many sectional title schemes are nearing the end of their financial year (from 1 March to the last day of February) which means budgets need to be analysed very carefully for the year ahead. The increase in levies, over and above the new requirements set out in the
The regulations in terms of the Sectional Titles Schemes Management Act (STSMA), 2011 (Act No. 8 of 2011) and the Community Schemes Ombud Service (CSOS) Act, 2011 (Act No. 9 of 2011) are effective from today (7 October, 2016).
Published in the Government Gazette today, the
Hi there, I heard there is another levy we will soon have to pay that has to do with a new Ombudsman? - Paul
Hi Paul, yes this is true; there is a new Ombud that has been established for all community schemes (including sectional title schemes,
The Sectional Title Schemes Management Act (STSMA) and Community Schemes Ombuds Service Act (CSOSA) have been signed by President Jacob Zuma.
While the two new acts introduce very significant changes to scheme management law, as well as bringing the CSOS fully into operation to resolve scheme administration disputes, no confirmation
We need money for some maintenance at our complex and we don’t want to raise a special levy as people cannot afford it. We were thinking of creating some more parking bays and selling them to interested owners to raise the funds. We have some garages
I have taken a look at my complex's proposed budget and I see a second rates increase for October this year to April this year. The problem I have is that the percentage increase is not spread evenly across the units and I get an
Hi Karien, we have a problem! At the AGM it was decided to elect six trustees. At the first trustees meeting after the AGM we took a vote on who would be the chairperson. We reached a deadlock – three of us voted for Alex and three voted
My balcony is leaking and I need the body corporate to fix it. But the chairman tells me that it is each owner’s responsibility as you are the only one who has access to your balcony. Is this true? - Shahiem
The answer is unfortunately not
The owner of section 12 wants to add a room to his unit and our managing agent tells us that it will be extension of a section in terms of Section 24 of the act. This section requires a special resolution to be passed by the