Paddocks Press – January 2016
The January 2016 edition of Paddocks Press is now available.
AGM Season
It’s that time of the financial year again, where preparation for the annual audit should soon be underway. Prescribed Management Rule (“PMR”) 51(2) of Annexure 8 of the Regulations to the Sectional Titles Act 95 of 1986 (“the Act”) provides that unless otherwise determined at a general meeting, or by the trustees, the financial year…
Managing agent contract termination – notice confusion
Sectional title schemes terminate their managing agent contracts from time to time, for various reasons: more competitive pricing for services by another agent, dissatisfaction with the service delivery or a decision to self-manage the scheme. The body corporate must give notice to the managing agent. There are actually two notification requirements and this is where…
Q&A – 2016 01
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! Should the pool area be seen as public or common area Member’s question: Good morning, I have a question regarding the number of toilets at the…