Hi, our complex has seven units and our current levy is R1,500 per month. I have calculated that the levy that is due is as follows:
R1,500 - R500 = R1,000
R1,000 X 2% = R20
Therefore, the total levy that is due every three months is R140.
Hi there, I’m a trustee and the other trustees in my complex are refusing to register with the Community Schemes Ombud Service (CSOS). What are the fines/consequences of schemes/complexes refusing to register with the CSOS? - David
Hi David, the CSOS Act states the following, which
I own a sectional title apartment in Honeydew, Johannesburg, and yesterday got notice of increased sewer recovery charges (from R188 to just over R200). I understand that costs rise but November and December have been backdated so for January I have to pay my usual
Hi, I’m in a situation where we pay levies every month in a complex but we are getting no services (excluding buildings’ insurance and a security gate) which we are told is being paid for. And as for other services, they cannot be done due
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
We have recently bought a full-title home in a complex of six houses (all full-title). The houses are built in three blocks of two houses, with each block sharing a common garage wall and a common roof. There is a common driveway of about 100m
Some industry players are concerned that the Community Schemes Ombud Services (CSOS) Act could potentially negatively impact on scheme management and indirectly prejudice property owners.
We spoke to Grant Smee, MD and franchisor of Only Realty, who believes that, although the CSOS brings some much-needed regulation to
Is it compulsory to be an estate agent to be the managing agent for a sectional title scheme? The scheme has its own bank account with the trustees as the signatories with no trust funds. The trustees are responsible for the maintenance together with an
In terms of the new Sectional Title Schemes Management Act regulations, all bodies corporate have to prepare a formal 10-year maintenance, repair and replacement plan for the common property for all major capital items as defined.
Must the maintenance plan be compiled by a specialist, or
Our complex consists of 12 individual units. Approximately six years ago the trustees decided that ALL owners would be responsible for the maintenance of their own units and this has been the standing rules ever since.
Owners are solely responsible for the maintenance inside and outside