Levy stabilization funds are common in sectional title schemes designed for retired persons. The rationale behind them is that retired persons generally live off a fixed income and cannot afford to pay large increases in their ordinary levies each year. These funds allow bodies corporate to either set the ordinary levies of their owners at…
By Rob Paddock In my last article for Paddocks Press we looked at what paint is and the purpose it serves in protecting your building from the elements. In this article I will outline the process of repainting a building, as well as the golden rule of repainting your building. Golden Rule Re-painting your building…
Have you ever really noticed the specific factors that make a building look unkempt? We have recently purchased a beautiful Victorian building built way back in 1902 when pride and care was put into the building process. The quality of the craftsmanship and building work is just superb even a century later. Why then does…
Municipality meter calculation problems Q1: In a free-standing unit complex how do you calculate the water and lights in a correct way when there is a municipality meter for the whole complex but each and every unit has its individual water and electricity meters? We are having constant problems with these calculations as the body…
By Kate Blake The 9th presentation of the extremely popular UCT (Law@Work) Sectional Title Scheme Management Certificate Course is due to start on the 30th of November 2009. We have asked three of our past students to share some of their experience of the course with our Paddocks Press readers. The 6-month part-time course is…
Trustees are elected by the members of the body corporate to deal with matters of the body corporate i.e. control, manage and administer the affairs of the body corporate. Trustees need to be aware of the statutory functions of a body corporate in respect of the insurance:
With the impending publication of Sectional Title Scheme Management and Community Scheme Ombud Service Bills for public comment, the issue of regulation of the managing agency profession has come sharply into focus. In this article I examine the existing position and the suggestion made by Dr. Gerhard Jooste, a leading managing agent, that it would…
