Rising utility costs and the demand for sustainable solutions affects community schemes nationwide. Increases in electricity and water tariffs often impact schemes such as Sectional Titles and housing estates. Eskom Chief Financial Officer, Calib Cassim, has confirmed...
As the holidays approach, it’s important to remember that this time of year is often when your security at home is vital. As crime levels increase, people’s awareness decrease as they slip into holiday mode. So, making sure that your home security is tip top is the...
Community housing schemes include Sectional Title schemes, share-blocks, retirement developments and Home Owners’ Associations (HOAs). Successful community house schemes all share one thing in common, good financial management. As such, good cash flow management and...
The key to running a successful body corporate or homeowner association lies in good financials and cash flow management. While this may be simple enough to say, the reality is that situations sometimes arise where a community scheme finds itself without enough funds....
One of the most common headaches in Sectional Title Schemes comes in the form of water leaks. These can be anything from leaky pipes inside buildings, to showers or washing machines leaking water into other units. The damage caused by water leaks can be major and...
A body corporate has the important role of managing and administering the land and buildings in a sectional title scheme. They enforce the legislation and rules in the Sectional Titles Schemes Management Act 8 of 2011 (the Act), the Management Rules and the Conduct...
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