Did your email system mangle this newsletter? Click here see it online.
Meet Carryn Durham - The legal team's newest member
Carryn DurhamPaddocks is excited to welcome a new member to the legal team, Carryn Melissa Durham. We sat down with Carryn recently to ask her a few questions. Read the interview here.
Paddocks donates vehicle to SA Mast
Mandy and Graham Paddock donated their old Kombi today to an NPO they support: South African Mass Animal Sterilisation Trust (SA.MAST).
SA MAST
David (Volunteer), Mandy, Tamsin (SA.MAST Director), Graham

SA MAST

SA.MAST's mission is to RADICALLY reduce the number of unwanted puppies and kittens born into communities that are unable to support and care for them, by providing a FREE sterilisation service to the residents of those communities.
Sectional Titles Act update
The Sectional Titles Amendment Act 33 of 2013 came into effect in December last year.

For the updated Act and the details of what has changed, please visit the Library section of the Paddocks website.
HOA Management course
HOA Management course
Paddocks Facebook answers
CALLING ALL PADDOCKS FACEBOOK FANS

We have been told that people are using our answers to the 'Question of the Day' as formal legal advice. This is not legal advice.

Please note that in answering your questions on Facebook we don't have all the facts, we haven't checked any scheme documentation and we are giving 'off the cuff' and unsubstantiated advice based on the general principles that apply in community scheme law.
Paddocks Publications
Paddocks Books 
Meet the team
Paddocks Team
Socialise with us
Contact details
Website: www.paddocks.co.za
Email: info@paddocks.co.za
Telephone: 021 686 3950
January 2014 (Volume 9, Issue 1)
Dear Paddocks Press Fan,
We are just a month away from the default body corporate financial year end. So for many scheme managers and trustees or directors it is time to concentrate on scheme finances. In this month's edition of Paddocks Press we include a number of articles that could be useful.

1. I look at the issue of levy discounts;
2. Anton tackles the touchy issue of removing some or all trustees between AGMs;
3. Clint puts community scheme VAT issues under the spotlight;
4. We share Carryn's views on "sweet Sophie" - the sectional titled tabby who became a Facebook Phenomenon;
5. And we finish with more Q & A.

Here's to a great 2014!
Kind regards,
Graham


P.S. Registrations for the Home Owners' Association Management course close this Friday - We hope you will join us!
Early Levy Payment Discounts
The Carrot and Stick Approach
By Prof Graham Paddock
In sectional title schemes and home owners’ associations it is usual for owners who pay their levies after due date to be liable for interest at a rate set by the trustees and other penalties.

What is not usual, in South Africa, is for the scheme to offer owners a positive incentive to pay their levies before due date. If the interest and loss of voting rights is the "Stick", then the offer of a discount for early payment would be the "Carrot".

In this article, Graham discusses the idea of offering a positive incentive for early levy payment. (reading time ± 2 min)
Read the full article...
Changing All the trustees Between AGMs
Can sectional title owners do this?
Anton Kelly
The prescribed rules specify a number of reasons why a trustee could cease to hold office. Some of those reasons are that the trustee could resign, go crazy, be declared insolvent or be removed from office by the owners in general meeting.

In this article, Anton provides the guidelines to removing trustees before an AGM, he also mentions the difficulties in doing so. (reading time ± 2 min)
Read the full article...
VAT Relative to HOAs and Bodies Corporate
Clint Riddin
Updates Coming into Effect this Year
By Clint Riddin
Clint has previously written about why a home owners’ association needed to register as a VAT vendor where the annual levies exceeded R1m annually. Now with changes that come into effect as from 1 April 2014; home owners’ associations can voluntarily register as a VAT vendor. HOAs can also de-register as a VAT vendor.

In this article, Clint explains the changes and the advantages for HOAs to register or de-register as a VAT vendor. (reading time ± 3 min)
Read the full article...
Thinking Inside the Box - Blog post
Carryn Durham
Save Sweet Sophie! A Case Study of Trustees Withdrawing Consent
By Carryn Durham
Paddocks received a post on its Facebook wall at the beginning of this month which touched the Paddocks FaceBook Fans and has inspired the Paddocks team to write about the issue - it also inspired The Sunday Tribune.

The question came down to: Once the trustees have consented in writing to the keeping of a pet (in this case a “sweet cat” called Sophie), under what circumstances can such approval be withdrawn? (reading time ± 3 min)
Read the full article...
Questions and Answers
Paddocks logo Monthly Q&A
By The Paddocks Club Team
  • Balcony enclosure
  • Proxy forms for annual general meeting (reading time ± 2 min)
Read the full article...
Upcoming Training
Short courses:
UCT Sectional Title Meetings course
Registrations close: 24 January 2014 - LATE REGISTRATIONS AVAILABLE
Teaches students to control and manage meetings with clarity and confidence through acquiring a broad and thorough understanding of the law of sectional title meetings.
Find out more about this course.
UCT Sectional Title Sales and Transactions course
Registrations close: 24 January 2014 - LATE REGISTRATIONS AVAILABLE
Students will learn to deal with the different aspects of the sales process, as well as consumer protection provisions and how to monitor conveyancing processes.
Find out more about this course.
Sectional Title Trustee Training course
Registrations close: 24 January 2014 - LATE REGISTRATIONS AVAILABLE
Students will be introduced to the administrative, financial, legal and physical aspects of sectional title scheme management and the trustees’ role therein.
Find out more about this course.
Home Owners' Association Management course
Registrations close: 31 January 2014
Learn all about the legal aspects of home owners' association (HOA) management.
Find out more about this course.
Paddocks Free Basics of Sectional Titles course
Registrations close: 28 March 2014
Students will gain a broad overview of the applicable terms and concepts in sectional titles.
Find out more about this course.
UCT Sectional Title Scheme Management course
Registrations close: 6 June 2014
Be equipped to manage sectional title schemes according to the legal aspects of scheme management with this benchmark course.
Find out more about this course.
Copyright © Paddocks. All rights reserved.