Paddocks Press – June 2015
The June 2015 edition of Paddocks Press is now available.
Body Corporate Insurance & Trustees
If you are a trustee in a sectional title scheme, I strongly recommend that you consider – for your own personal interest – the following two questions: 1. Do you know when, how and by whom the sum insured of your sectional title scheme was determined originally as well as for the current policy? 2. Are…
The Developer’s Reserved Right
Paddocks have been presenting at the Estate Agency Affairs Board (“EAAB”) Continuous Professional Development (“CPD”) workshops currently being held across the country, and a question that has been raised on more than one occasion by the attendees to the workshop, relates to a developer’s reserved right of extension of a sectional title scheme, in terms…
No Reason to Delay!
We will shortly begin the 20th presentation of the UCT Sectional Title Schemes Management course; the first presentation started in December 2005 and 2065 students have been trained so far. During the introductory part of the course workshops, the students introduce themselves, mentioning who they work for and why they did the course. It’s very…
Some Aspects on the Annual General Meeting – Part Two
In the last Carryn’s Corner Contribution I discussed some important aspects on the annual general meeting (“the AGM”). Some of the topics included when the AGM is to be held; the notice requirements; and the agenda items. I covered Prescribed Management Rules 50 – 56. In this contribution I will deal with some of the…
Q&A – 2015 06
By The Paddocks Club Team Below are examples of two questions on the Paddocks Club discussion forum. We want to show you what is available to our Community members! Non-executive trustees Member’s question: The previous chairman of a complex no longer lives in the complex, but wants to be an executive trustee. Does he have…