Paddocks Press – February 2022
The February 2022 edition of Paddocks Press is now available.
A Code of Conduct applicable to managing agents and paid trustees
The Property Practitioners Act of 2019 came into effect on 1 February 2022. The Act itself has 77 sections in 11 chapters, and the regulations include a further 41 headings in 8 chapters. The reason people involved in community scheme management should read this lengthy Act, perhaps selectively, is that it regulates those who manage…
Can an owner’s insurance excess payable be added to their levy account?
Recovering money from people can certainly be challenging. It is therefore not surprising that trustees and managing agents alike prefer to add contributions and charges payable by members directly to what we in practice commonly refer to as their “levy account” or “levy statement”. One of the obvious reasons for this is that it gives…
Q&A – 2022 02
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! Bank Statements and the POPI Act Member’s question: Good day Paddocks, An owner has in the past requested getting a copy of the physical bank statement every month….