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UCT (Law@Work) Sectional Title Scheme Management course
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Paddocks Club
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March Madness promotion - 20% discount
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Our March Madness promotion has been so popular that we are currently
out of stock. But don't worry, we will be printing more. So please note
that if you do make an order now, you may have to wait a few
weeks for the new stock to arrive. Order now! |
Exciting times
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Paddocks has moved into a new space in the office. Take a look at the photos!
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| Congratulations |
Congratulations to Tamara Breytenbach and Adam Stabler on their engagement!
Some of the older Paddocks students will remember Tamara from when she co-ordinated the UCT (Law@Work) Sectional Title Scheme Management course.
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Paddocks is hiring
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The Paddocks core team is growing, and we are looking for a hard-working, enthusiastic Marketing Assistant to join the team.
Read job description.
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| Meet the team |
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| Socialise with us |
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March 2012 (Volume 7, Issue 3) |
 Our Survival Manual promotion has gone really well … thank you to all who participated, we are out of stock! At this stage there is no firm news as to when the STSM and CSOS Acts can be expected to come into operation, but things are moving forward and you will know as soon as I do.
In this edition of Paddocks Press:
1. Anton deals with notice for meetings in non-profit HOAs;
2. We break down the fiduciary duties of HOA executives;
3. Pierre explains the perceived value of property, and
4. I deal with the usual Q & A.
Be careful out there!
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Kind regards,
Graham
P.S. Take a look at the brand new design of our Paddocks Press Newsletter!
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Meetings in a non-profit HOA company
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How much notice is required? |
by Anton Kelly
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Home owners’ associations that are non-profit companies must deliver the notice for a members’ meeting, such as the AGM, 15 business days before the meeting. But is it this simple? How long before the meeting do you have to post the notice to make sure it is delivered 15 days before the meeting? What if it isn’t the AGM but a meeting about some other contentious issue?
In this article, Anton highlights what the Companies Act says about the notice for members meetings. (reading time: ± 2 mins)
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| Read the full article... |
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Fiduciary duties of HOA executives
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What does common law and the Companies Act state?
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By the Newsletter team
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Home Owners’ Association (HOA) executives have a special legal relationship to their HOA. They owe the HOA a duty of trust, reasonable skill and confidentiality. This is referred to as the "fiduciary relationship" and it implies that the executive must put the interests of the HOA ahead of their own interests. How does common law and the Companies Act define this relationship?
In this article, we discuss what the fiduciary duties are of an HOA executive according to the common law and the Companies Act. (reading time: ± 2 mins)
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| Read the full article... |
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Perceived value of property
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Mistaking the true value of property
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By Pierre Heistein
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The value of a tradeable and durable good can be broken down into two factors: the intrinsic value and the speculative value. What is the intrinsic and speculative value of property?
In this article, Pierre investigates the intrinsic and speculative value of property. (reading time: ± 2 mins)
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| Read the full article... |
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Monthly Q&A |
By Prof Graham Paddock
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This month, we cover the following topics in our Q&A section:
• Suing to recover trustee payments
• Can trustees change constitution? (reading time: ± 1 min)
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| Read the full article... |
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| UCT (Law@Work) Sectional Title Scheme Management course |
Registrations close: 8 June 2012
Be equipped to manage sectional title schemes according to the legal aspects of scheme management with this benchmark course.
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| Find out more about this course. |
| Home Owners' Association Management course |
Registrations close: 27 July 2012
Learn all about the legal aspects of home owners' association (HOA) management.
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| Find out more about this course. |
| 83 Minutes to Sectional Title Trustee Expertise course |
Course starts : Any time
This course teaches you practical skills in legal, financial, physical and administrative sectional title management.
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| Find out more about this course. |
| Winning in Sectional Title Meetings course |
Course starts : Any time
This course teaches you how to control and manage meetings with clarity and confidence.
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| Find out more about this course. |
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| Copyright © Paddocks. All rights reserved. |