101. Calculating the Levy's

Before every AGM the trustees, assisted by the managing agent, must prepare an estimate of expected expenses that will be incurred by the body corporate in running the scheme during the ensuing year. Included in this estimate are costs of: ...

Wednesday, 18 March 2009 | 1638 hits | Print | PDF |  E-mail | Report | Read more

102. Buying Property on Auction

South Africans are not used to buying and selling residential properties using auction sales. A property that is being auctioned usually conjures up pictures in the minds of people of liquidations and insolvencies. In countries like Australia,...

Friday, 06 February 2009 | 915 hits | Print | PDF |  E-mail | Report | Read more

103. Buying a property on Installment Sale

Selling property in the current market can prove to be frustrating. Many property sales are collapsing because the potential buyer is unable to obtain the necessary bond to cover the purchase price. In fact, as many as 50% of all bond...

Friday, 06 February 2009 | 6051 hits | Print | PDF |  E-mail | Report | Read more

104. Building Addition to Sectional Title Units

Subject to local authority town planning regulations, building restrictions and common law, owners of freehold title properties are free to manage their properties as they please. A sectional title owner however, is governed by a number of...

Friday, 06 February 2009 | 532 hits | Print | PDF |  E-mail | Report | Read more

105. Bond Repayments Calculator

Bond Repayments Calculator This calculator calculates the total monthly bond repayments on a property. Type in your details below, then click on the "calculate" button. --> ...

Tuesday, 27 October 2009 | 532 hits | Print | PDF |  E-mail | Report | Read more

106. Body Corporate Establishment

In terms of section 36 of the Act, the body corporate is established at the time that the first unit is transferred from the developer into the name of its new owner. Within 60 days of establishment, the developer is obliged to convene a meeting...

Wednesday, 18 March 2009 | 536 hits | Print | PDF |  E-mail | Report | Read more

107. Blank Spaces in Contract

All standard deeds of sale used by estate agents contain blank spaces which have to be completed relating for example to the amount of the purchase price, the date of occupation, the occupational rental payable etc. One of the parties to the...

Friday, 06 February 2009 | 403 hits | Print | PDF |  E-mail | Report | Read more

108. Availability of Rules

Rule 32 requires the trustees to keep a complete and up to date set of all the rules and make these available to any owner, occupant, prospective purchaser, bondholder and managing agent and may charge a reasonable amount to anyone who wants a...

Wednesday, 18 March 2009 | 578 hits | Print | PDF |  E-mail | Report | Read more

109. Attendance of Anual General Meeting

Every owner is entitled to attend every general meeting of the body corporate, and should make every effort to attend and participate. An owner who is not able to attend a particular meeting should give his or her proxy to a third party. A proxy...

Wednesday, 18 March 2009 | 290 hits | Print | PDF |  E-mail | Report | Read more

110. Appoint a Conveyancer Online Today

When you embark on the process of buying, selling, or refinancing your house, you don't want to take any chances. Anything can happen and it's pretty much impossible to prepare for every possible eventuality. The best way to do this...

Monday, 17 May 2010 | 869 hits | Print | PDF |  E-mail | Report | Read more