Paddocks Press – August 2019
The August 2019 edition of Paddocks Press is now available.
Two wrongs don’t make a right
One of the most frustrating tasks some trustees and managing agents have to tackle, is the situation where the body corporate finds itself in financial difficulty as a direct result of some of its members failing, and/or refusing to pay their contributions (commonly referred to as “levies’). It is from this place of frustration that…
CSOS and your scheme’s rules
This article will focus on the role played by the Community Schemes Ombud Service (“the Service”) in regulating, monitoring and controlling community scheme governance documentation. In terms of section 4(c) of the CSOS Act, one of the functions that the Service must fulfill is to regulate, monitor and control the quality of all sectional titles…
Q&A – 2019 08
By the Paddocks Club team Below are examples of two questions on the Paddocks Club discussion forum, to show you what is available to our Community members! Who must open a new scheme’s administration fund account? Member’s question: Good day Paddock Team, With the establishment of a new sectional title scheme, who opens the administrative…