By Prof Graham Paddock
Q1. If an owner is in arrears with his levies but the unit is rented out, can the body corporate request the tenant to pay his rental over to the body corporate to bring the levies up to date? The outstanding amount on the levies is approximately R19,000. They have started with legal action against the owner.
Graham: Good point.
Owner worried about HOA insolvency
Q1. What would happen, if anything, to the single-title residential homes if the HOA became insolvent?
I was asked this by a home owner and I could not really answer him.
Member: Thank you for the answer, I did have an inkling that that was the answer but I needed the clarification.
This article is published under the Creative Commons Attribution license.