Paddocks Press – September 2014
The September 2014 edition of Paddocks Press is now available.
Investment of Body Corporate Funds
It is not unusual for well-managed sectional title bodies corporate to accumulate considerable amounts of money. Particularly where the owners comply with the requirements of the Sectional Titles Act,1986, and budget on an accrual basis for the costs of future maintenance and repairs, they will set aside substantial amounts for future painting, re-surfacing, lift repairs…
The Sectional Title Specialist Estate Agent
Estate agents are all crooks… are only interested in their commission… and will tell you anything to persuade you to “sign the paperwork” so they can get it. Right or wrong? I spent a few years as an estate agent, so I know that statement is wrong. Of course estate agents are concerned about their…
Swimming Pools in Sectional Title Schemes
September is finally here! This marks the beginning of the spring season. Temperatures are rising and the days are becoming longer. It is for this reason that this Carryn’s Corner contribution will focus on whether it is possible to have a swimming pool in a sectional title scheme. Recently we received a question on the…
Q&A – 2014 09
By The Paddocks Club Team Below are examples of two questions on the Discussion Forum on Paddocks Club. We want to show what is available to our Community Members! Is the body corporate responsible for this structural repair? Member’s Question: This query involves repairs inside a section. An owner, who is an estate agent, is…