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Paddocks is taking green to another level The Paddocks team is implementing a “Go Green” operation – we have started offering recycling services at the office. We hope you are recycling too!
GetSmarter, Paddocks’ sister training company, specialises in online training.
Paddocks course calendar for 2010 Click here to see the course calendar for the second half of 2010.
Mandy Paddock – Our office mum
In many ways, literal and figurative, she is the “office mum”. Here’s some more about Mandy, including her famous banana bread recipe.
Dates confirmed!
Need some help? Get your sectional title related questions answered free of charge by registering on the Sectional Titles Online website (www.sto.co.za).
Socialise with us Join our Facebook Page and follow us on Twitter for free regular sectional title information and education:
We would like to thank Quirk for the use of their newsletter template.
Meet the team
Contact details
Website:
www.paddocks.co.za
10 Park Rd |
August 2010 (Volume 5, Issue 8)
Dear Paddocks Press Fan,
Graham P.S. Paddocks students receive a 10% discount when they register (and use “Paddocks student” as the promotional code) for a GetSmarter course by the end of August 2010. 
Who pays for balcony waterproofing repairs?
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A look at the often-debated topic of balconies
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Balconies are one of life’s little luxuries. They’re mostly a delight – great for a braai or to sit outside for a drink. But problems can arise, for example, if a balcony’s waterproof layer is damaged or degenerates, causing water seepage into the section or onto the balcony below.
The waterproofing is not there for the benefit of the owner with the balcony. It is there for the benefit of the owner or owners of property underneath. (reading time: ± 3 mins)
HOAs and sectional title schemes
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A look at how these differ
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There seems to be some confusion of late as to the differences between home owners’ associations and sectional title schemes. Sectional title is a legal arrangement in terms of which parts of buildings can be exclusively owned, in conjunction with shared ownership of other parts of the buildings and the land. (reading time: 1 min)
Monthly student
profile
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Shan Rampersad
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Shan Rampersad, the manager of the Durban sectional title department at Trafalgar Property Management, took a few minutes out of his day to tell us a bit about himself and his experiences on Paddocks courses. (reading time: ±1 min)
Trustee nominations and election
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A further look at these processes
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Prescribed management rule (“PMR”) 7 requires nominations by owners for the election of trustees at any annual general meeting (“AGM”) to be given in writing, accompanied by the written consent of the person being nominated at least 48 hours before the meeting. If insufficient nominations are received before the AGM, then further nominations can be given, with the nominee’s consent, at the meeting. (reading time: ±1 min)
Sectional title investor tips
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Maintenance
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There are a number of different motivations for purchasing a sectional title unit as an investment. Are you investing for capital growth or rental returns? Perhaps you are investing for both? Are you interested in buying an old apartment, fixing it up and selling for a profit?
One cannot offer advice for all these variables in one article, but we can look at a few aspects of the physical building to look out for regardless of your objectives. We can also look at a few ways of adding capital value to your unit with very little effort. (reading time: ±2 mins)
Online marketing opportunities
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What property professionals should be doing
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The property business is a high-risk, high-profit industry that is very competitive – and anyone working in it should take every chance to get ahead. However, many have not yet embraced internet technologies to help get the word out, and are therefore invisible to the 5 million affluent South Africans who are online today. (reading time: ± 1min)
Q&A with Jennifer
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Q&A with Jennifer
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This month, we cover the following topics in our Q&A section:
• Contravening the conduct rules
• Outstanding levies
• Hot water installation issues (reading time: ± 1min)
Upcoming training courses
Home Owners’ Association Management course
Registrations close: 27 August 2010
Learn the legal aspects of home owners’ association (HOA) management.
Click
here for further details on this
course.
UCT (Law@Work) Sectional Title Scheme Management course
Registrations close: 26 November 2010
Be equipped to manage schemes according to the legal aspects of scheme management with this benchmark course.
Click here for further details on this
course.
