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…
Category Finance
Financial information and budgeting
Read MoreFidelity Cover
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…