A fair share of the levy
By Anton Kelly A rather large home owners’ association (HOA) has another HOA as a subsidiary, which in turn has a sectional title scheme as one of its subsidiaries. This…
Articles
Threat to the financial stability of home owners’ associations averted!
By Prof Graham Paddock I am sure that all Paddocks Press readers know that an owner cannot transfer a unit in a sectional title scheme without first getting a clearance…
The trustees’ responsibilities relative to the audited financial statements
By Clint Riddin It is that time of year again, when many audit practices start auditing clients whose year-end is February. As the prescribed management rule in sectional title defaults…
Q&A with the Prof – 2011 03
By Prof Graham Paddock Below is an example of two of the questions on the discussion forum on Paddocks Club. We want to show what is available to our Community…
Meet Gerrie Scheepers
By the Newsletter Team Gerrie Scheepers is the CEO and executive director of Vision Properties, a property management, letting and sales company. Gerrie started working in the property industry in…
Extensions – Make it legal!
By Anton Kelly The Sectional Titles Act and the prescribed rules provide relatively complicated processes for certain operations. Getting everything right depends on a fairly comprehensive knowledge of the Act…
Paddocks Club
By the newsletter team Sectional title scheme executives often need support in carrying out their day-to-day scheme management duties. Members of community schemes regularly need assistance in establishing and enforcing…
The anatomy of a property bubble
By Pierre Heistein Property bubbles seem like strange things: if everyone wants to buy and build better property, why should this cause the prices and investments to crash? Using a…
Q&A with the Prof – 2011 02
By Prof Graham Paddock Petitions and controlling the managing agent Q1. We have received two weeks’ notice of our AGM and I would like to submit a petition signed by…
Stilus’ Santam Insurance
By Prof Graham Paddock Cash-flow Assurance as opposed to Levy Finance The type of insurance referred to in the Sectional Titles Act and the prescribed management rules is “indemnity insurance”.…
Sectional Titles Act management provisions amended
By Prof Graham Paddock Sectional Titles Amendment Act, No. 11 of 2010 was published as Notice No. 1172 in Government Gazette No. 33849 of 7 December 2010. Pages 4 to…
Personal liability of executives of home owners’ associations
By Anton Kelly It is unusual for executives of home owners’ associations (HOAs) to be held personally liable for a failure of the association to perform any of its obligations.…
An owner is not entitled to withhold levies
By Jennifer Paddock An owner is not entitled to withhold levies to set-off a debt she believes is owed to her by the body corporate. (more…)
Q&A with the Prof – 2011 01
By Prof Graham Paddock Time and date of AGMQ1. Does the AGM agenda and time change if only one owner in a 140-unit complex asks for it to? (more…)
Meet Jennifer Gerhard
By the Newsletter Team Jennifer Gerhard, a portfolio manager for Holiday Plett, a property management company, has over 20 years of experience in the property industry – yet she still…
Dealing with insurance claims
By Mike Addison Dealing with insurance claims is often one of the most misunderstood areas in sectional title and very quickly leads to conflict and unpleasantness. Knowing the basics and…
Creating a home owners’ association
By Anton Kelly Most new residential properties in South Africa are developed either as a sectional title scheme or as a home owners’ association. Complexes, gated villages and cluster…
Meet Nohlene Kieck: The sectional title chartered accountant
By the Newsletter Team Nohlene Kieck, who lives in Ruimsig, is a qualified chartered accountant and a partner at Lund & Kieck, an audit practice. She started her career at…
Create a garden path with pavers
By Rob Paddock When portions of your scheme’s common property garden become informal pathways, the grass doesn’t have a chance to grow and the water never drains properly. What…
Signing body corporate documents
By Jennifer Paddock Although a body corporate is a legal entity capable of entering into contracts with both legal and natural persons, it is not a natural person itself and…
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