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Monday May 04, 2015

'Check homeowner association rules'

"All too frequently buyers don't read the conduct or management rules of the scheme before they sign an offer to purchase and agents must ensure that their buyers do so," says Lanice Steward of Knight Frank Residential SA.

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Monday Jan 20, 2014

Complex wants resident to get rid of her cat

Thandi Rowe, who lives in an upmarket Hillcrest, Durban, complex Balmoral, is fighting the estate's property management company to keep her cat Sophie on the property.

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Wednesday Oct 16, 2013

Teamwork can save mismanaged sectional schemes

In some sectional title complexes the managing agents are left to run the scheme without much questioning or input from the trustees. This can lead to problems if that managing agent has not done all that he was meant to have done to keep it financially sound.

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Friday Mar 01, 2013

Advice for buying or selling sectional title property

Don't discover too late that your sectional title scheme's body corporate is not run properly or that the financials are showing signs of discrepancy or debt.

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Wednesday Feb 27, 2013

Autocratic management 'create havoc' in sectional title schemes

There are several buildings in the inner cities managed by autocratic persons.

Armed with some knowledge of the Companies or Sectional Titles Act, they make rules and execute these with cunning impunity since the shareholders, owners or trustees have no time to familiarise themselves with the relevant law and rules.

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Tuesday Feb 26, 2013

What to be aware of when selling or buying sectional title property

When a sectional title unit is being sold, the situation sometimes arises where it is discovered too late that the scheme's body corporate has not been run properly, that they have not held AGM's regularly or the financials are showing signs of discrepancy or debt, said Michael Bauer of IHFM, the property management company.

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