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In the new-built property market, developers have become increasingly creative in the types of developments they design and build in order to attract buyers and investors. The original idea behind cluster schemes was aimed mainly at providing security estates, but over time this was seen as the minimum that a development should offer, and lifestyle estates have become the order of the day. (reading time: ±2 min) ![]() Sectional title AGMs for dummies
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A thorough look at AGMs
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In this article we set out the management rules prescribed by the regulations to the Sectional Titles Act 95 of 1986 which govern sectional title Annual General Meetings (AGMs).
A few of the topics covered:
• How much notice must owners be given of the AGM?
• Why is the AGM so often held later than it should be?
• Quorum requirements (reading time: ±3 mins)
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An overview of the applicable Act
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There are very few sectional title schemes in South Africa that do not have at least one full- or part-time employee working for them.
The Basic Conditions of Employment Act determines minimum standards that apply to any contract of employment. An employer cannot decide that these provisions will not apply, even with the agreement of the employee. The following article is a basic overview of some of the provisions of the Act applicable to any body corporate that has employees. (reading time: ± 3 mins)
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Maintenance
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Very often older homes and cheaply built modern homes will not have any insulation in the roof. If you have access into your roof / attic, pop up the ladder and see if you have any form of material on top of the ceiling boards. If not, then your roof is not insulated, and you are spending far more on heating in winter and cooling in summer than you should be.
In this article Rob tells us about the four primary forms of roof insulation materials to choose from. (reading time: ±2 mins)
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Online marketing opportunities
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In the aftermath of the Global Financial Crisis the international
property market is reeling and while in South Africa the opinion is
that things are looking up, general international predictions are all
doom and gloom. Aside from the impact on the global economy, the people
who suffer most at the hands of this downturn are the estate agents –
those who make a living off the buying and selling of property.
In this article Lyndi looks at how estate agents can take full advantage of the Web. (reading time: ±2 min)
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Linda-Jane Haynes
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Monthly Q&ABy Jennifer Paddock |
This month we cover the following topics in our Q&A section:
• Non-owner as chairperson?
• Pipe problems
• Unnecessary special levies?
(reading time: ±2min)
Law of Sectional Title Meetings
Course
Registrations close: 5 March 2010
Will empower students to control and manage meetings with clarity and confidence.
Click here for further details on this
course.
UCT Sectional Title Development
Course
Registrations close: 19 March 2010
Will
immerse students in the legal, financial and administrative aspects of
property development under sectional title.
Click here for further details on this
course.
UCT (Law@Work) Sectional Title Scheme Management Course
Registrations close: 25 June 2010
Be equipped to manage schemes in terms of the legal aspects of scheme management.
Click here for further details on this
course.
Sectional Title Bookkeeping Course
Registrations close: 6 August 2010
Gain an in-depth understanding of the legal, financial and administrative aspects of sectional title bookkeeping.
Click
here for further details on this
course.