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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

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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

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Q Hi there, I heard there is another levy we will soon have to pay that has to do with a new Ombudsman? - Paul A Hi Paul, yes this is true; there is a new Ombud that has been established for all community schemes (including sectional title schemes,

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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

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Q 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

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Q 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

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Q 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 A Hi Shahiem, The answer is unfortunately not

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Q 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

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When a sectional title property is sold as a sale in execution, the municipality will be paid first if there are outstanding amounts on the rates and water accounts (which there usually are); the bank will be paid second and the body corporate third. The

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