Financial information and budgeting
The CSOS was established in terms of the Community Schemes Ombud Service Act to regulate the conduct of parties within community schemes, to ensure good governance practice in community schemes and to create an affordable alternative dispute resolution service for…
Geyser claims inflate premiums in sectional titles—learn owner maintenance duties, coverage gaps, double excesses, and tips to minimize financial losses.
Even though the Managing Agent appointed to administer a community scheme may have a Fidelity Fund Certificate (FFC) issued by the Property Practitioners Regula…
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…
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…