Fidelity Cover
Even though the Managing Agent appointed to administer a community scheme may have a Fidelity Fund Certificate (FFC) issued by the Property Practitioners Regula…
Whitfields
Effective budgeting tips for sectional title schemes
With some sectional title schemes having reached or that are nearing the end of their financial year, the need arises for trustees ( and even owners in anticipation of the forthcoming AGM) to carefully go through the line items listed…
The difference between a Budget and a Reserve Fund
Budget and Reserve Fund
06 Jun 2023
The Sectional Titles Schemes Management Act 8 of 2011 (“the STSMA”) and the Prescribed Management Rules (“PMRs”) contained i…
Frances Vorwerg School #WPM Cares
Whitfields has, since its inception in 1993, always played its part in helping those less fortunate and in offering financial support to organization who do so.
Electronic Meetings, the use of the mute function and the role of the chairperson.
Electronic Community Scheme meetings using such platforms such as Skype, Zoom or Microsoft Teams may still be preferred method of holding community scheme meeti…
Water damage claims
Water damage claims: Insurers cover sudden, unforeseen events—not wear/tear or defects. Learn what qualifies, proof needed, and docs to file successfully.
POPI Act
POPI Act obliges community schemes to protect residents' personal info from July 2020, but can't block access rights under STSMA—vital for sectional title owners and managers.
Declined Claims
Insurance claims declined in HOAs? Learn common exclusions like wear/tear, leaks, and maintenance neglect to avoid denied coverage and unexpected costs.