By Clint Riddin The term capital in accounting terminology usually refers to expenditure which relates to purchasing or investing in or acquiring property, plant or equipment which is then used in the production of income, in other words, to make money. However, whilst the running of the finances of a body corporate should be based…
By Rob Paddock It has been a bitterly cold winter. The temperatures have regularly been on the wrong side of freezing, and the sun has generally set by the time I leave the office. The result is that when I get home in the evenings, the first thing I do is switch on every…
By Sayed Iqbal Mohamed There are certain challenges common to all sectional title owners, irrespective of their social or financial status. Management, maintenance, co-operative environment, levies and rules all require some level of understanding, acknowledgement and commitment to make a scheme functional and efficient.
By Jennifer Paddock AGM meetings notesQ1: Is it enough to send notices via email for annual general meetings and special general meetings or must it be by post even though the owners have email addresses?
By Jennifer Paddock Owner meetingsThe right to vote is one of the normal consequences of membership of an association. An owner of a unit in a sectional title scheme is automatically a member of the body corporate and will usually have the right to vote at all of its general meetings either personally, by proxy…
By the Newsletter Team Tracey du Plessis, a portfolio manager at Constantia Sectional Title Management and veteran Paddocks student, came upon her sectional title career by chance – and after 18 months, she’s loving it. Tracy took some time out to share a bit about herself.
By Peter Newmarch Recent proposed legislative amendments to the KwaZulu-Natal Planning and Development Act are set to impact on how sectional title developers, owners and bodies corporates undertake certain actions. The KwaZulu-Natal Planning and Development Act No. 6 of 2008 came in to force on 1 May 2010. This Act is commonly referred to as…
