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Directory Layoout » Sectional Title » Sectional Title

Sectional Title (41)RSS Feed

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5.0/5 (1 vote)
Sectional Title/Sectional Title
Author:Louwrens Koen
WHAT IS THE COMMON PROPERTY?  This comprises the areas which are utilized by all owners, e.g. the grounds, driveways, roads, recreation facilities, corridors, entrance areas and exterior of the building i.e. whatever does not constitute...
Friday, 06 February 2009 | 5072 hits | Print | PDF |  E-mail | Report | Read more
0.0/5 (0 vote)
Sectional Title/Sectional Title
Author:Louwrens Koen
1       WHAT IS SECTIONAL TITLE? A Sectional Title Development Scheme (usually referred to as a Scheme) provides for separate ownership of sections of a property by individuals. These schemes fall under the control of the...
Wednesday, 18 March 2009 | 2623 hits | Print | PDF |  E-mail | Report | Read more
0.0/5 (0 vote)
Sectional Title/Sectional Title
Author:Louwrens Koen
[ASSENTED TO 8 SEPTEMBER 1986] [DATE OF COMMENCEMENT: 1 JUNE 1988] (Afrikaans text signed by the State President) as amended by Sectional Titles Amendment Act 63 of 1991 Sectional Titles Amendment Act 7 of 1992 Sectional Titles Amendment Act 15 of...
Wednesday, 18 March 2009 | 1782 hits | Print | PDF |  E-mail | Report | Read more
0.0/5 (0 vote)
Sectional Title/Sectional Title
Author:Louwrens Koen
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
5.0/5 (1 vote)
Sectional Title/Sectional Title
Author:Louwrens Koen
Whether you are an owner, a trustee, a managing agent or an attorney, you will agree that levies are essential to the efficient running of sectional title schemes. Levies are the 'lifeblood' of the body corporate; owners have to pay them, and...
Friday, 06 February 2009 | 1083 hits | Print | PDF |  E-mail | Report | Read more
3.0/5 (1 vote)
Sectional Title/Sectional Title
Author:Louwrens Koen
Section 37(1 )(j) of the Act requires the body corporate to maintain the common property and keep it in a good state of repair. In addition to the land on which the scheme is situated, the common property includes the outer half of outside...
Wednesday, 18 March 2009 | 887 hits | Print | PDF |  E-mail | Report | Read more
0.0/5 (0 vote)
Sectional Title/Sectional Title
Author:Louwrens Koen
From the date that the body corporate is established, every sectional scheme is subject to rules for the control and administration of the scheme. Under the current Sectional Titles Act, these rules are known as Management Rules and Conduct...
Wednesday, 18 March 2009 | 884 hits | Print | PDF |  E-mail | Report | Read more
5.0/5 (3 votes)
Sectional Title/Sectional Title
Author:Louwrens Koen
Most people who own property in sectional title schemes are familiar with the term "exclusive use area". However, a fair amount of confusion seems to exist regarding the exact nature of exclusive use areas. This is not surprising as there are...
Friday, 06 February 2009 | 836 hits | Print | PDF |  E-mail | Report | Read more
0.0/5 (0 vote)
Sectional Title/Sectional Title
Author:Louwrens Koen
Sections 37 & 38 of the Sectional Titles Act define the functions and powers of the body corporate, which include: •     The establishment of a fund to cover all repair and maintenance costs, rates and taxes, insurance...
Wednesday, 18 March 2009 | 811 hits | Print | PDF |  E-mail | Report | Read more
3.0/5 (1 vote)
Sectional Title/Sectional Title
Author:Louwrens Koen
 Trustees are elected by the body corporate at its first meeting and at every subsequent AGM. The rules prescribe a minimum of two trustees, but do not prescribe a maximum number. Bodies corporate should avoid the temptation to appoint too...
Wednesday, 18 March 2009 | 808 hits | Print | PDF |  E-mail | Report | Read more

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