Buying a property in a sectional title scheme
When buying an apartment in a sectional title scheme, is it necessary to be more careful when you sign on the dotted line than you would have to be if…
Articles
Sectional Title Bookkeeping course workshop photo
Paddocks in association with Clint Riddin presented the Sectional Title Bookkeeping Course workshop in Johannesburg on the 14th and 15th of October 2009. We had a great interactive group of…
Sectional Title Proxies
All votes at general meetings in sectional title schemes can be cast either personally or by proxy. In this article we spell out the law in respect of proxies appointed…
Quorums and the Value of Votes: Proposed Changes to Prescribed Management Rules 53, 57 And 64
By Charles Baker I was recently requested to chair the Annual General Meeting of a local KwaZulu‐Natal sectional title body corporate. The members wanted a reliable and independent person to…
Trustees Need to Take A Closer Look at Fidelity Cover
By Mike Addison Recently, the question of fidelity cover has arisen on the STO website and others. Here follows more or less what our thinking is in terms of insuring…
Trust money, trust accounts and managing agents – what are the basic rules?
By Dr Gerhard Jooste Over the years Managing Agents have developed two basic ways in which they manage the trust money of their clients. Some have created individual current accounts…
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