Community housing schemes like sectional title complexes, apartment blocks, residential estates and retirement villages must comply with the PoPI Act...
Marina Constas 3 May 2021
Trustees and directors of community housing schemes cannot simply make up new rules by themselves...
Good financial and cashflow management is crucial for well-run and efficiently operated community housing schemes, including sectional title schemes and home owners' associations...
Issued by Propell 15 Mar 2021
Sectional title schemes that are not yet compliant with the reserve fund provisions of the Community Housing Schemes Ombud Services (CSOS) Act should rectify that position as soon as possible...
Andrew Schaefer 26 Nov 2020
The economic impact of Covid-19 has seen many small business owners around the world terminating their leases at shopping centres and office buildings and seeking more affordable options, including working from their homes...
Not much time is left for community housing schemes to comply with the POPI Act. Andrew Schaefer, MD of Trafalgar, explains how the newly-introduced sections of the Act affect sectional title schemes...
According to Andrew Schaefer, MD of property management company Trafalgar, scores of sectional title (ST) schemes and home owners' associations (HOAs) are going to be in financial trouble soon if owners don't start making up the levy payments deferred...
The Protection of Personal Information Act (POPI Act), now in effect, has significant implications for owners, tenants and executives in community housing schemes...
"In recent years, sectional title properties have grown in popularity to become the preferred choice of holiday accommodation in most destination hotspots and therefore also the most attractive property type for buyers seeking short-term buy-to-let investments," says Brett Leon, MD of Lew Geffen Sotheby's International Realty, Atlantic Seaboard and City Bowl.
A change of legislation will now make it easier for sectional title trustees and home owners' association directors to recover arrear levies from defaulting home owners...
While some home owners believe the imposition of fines in community housing schemes (CHS), like sectional title complexes and estates, helps to ensure that all residents follow the rules...
The ombud for community housing schemes seems to have resolved whether it is permissible to let sectional title units via Airbnb in terms of the Sectional Title Schemes Management Act (STSMA)...
Revisions to the laws governing community housing schemes became effective on Friday, 7 October 2016, and according to specialist sectional title attorney Marina Constas, homeowners and residents can expect some positive changes in the way that their developments are run...