Results for sectional title schemes

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Life rights vs sectional title living: pros and cons
Life rights vs sectional title living: pros and consArticle

As an increasing number of South Africans look ahead towards retirement, the two most popular homeownership options are life rights and sectional titles properties...

4 May 2021

Marina Constas, director, BBM Law
Residential developments not PoPI Act compliant could be fined up to R10mArticle

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

Out with the old, in with the new - body corporate rules
Out with the old, in with the new - body corporate rulesArticle

Many owners of a unit in sectional title schemes, especially those schemes opened before 7 October 2016, remain confused as to which body corporate rules apply to their scheme...

Lisa Tonini 19 Apr 2021

Trustee duties in a sectional title scheme
Trustee duties in a sectional title schemeArticle

Sectional title properties have become a popular way of living for many South Africans, and along with this type of living comes a body corporate and trustee setup...

Issued by Propell 12 Apr 2021

Can body corporates and homeowners' associations borrow money?
Can body corporates and homeowners' associations borrow money?Article

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

Role of contractors in the financial success of bodies corporate
Role of contractors in the financial success of bodies corporateArticle

The cost of a maintenance project for a sectional title scheme is usually determined by its size, the current state of repair and the degree of maintenance required...

Björn Laubscher 17 Feb 2021

Challenges of 'building-on', remote working in ST schemes
Challenges of 'building-on', remote working in ST schemesArticle

Covid-19 has accelerated a new normal in which more employers are allowing their employees to work from home, and this trend is likely to continue beyond the current Covid-19 crisis...

27 Nov 2020

Reserve Fund compliance now urgent for ST schemes
Reserve Fund compliance now urgent for ST schemesArticle

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

Why community housing schemes should be POPI Act compliant ASAP
Why community housing schemes should be POPI Act compliant ASAPArticle

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...

21 Oct 2020

Sectional Titles Schemes Management Act - mixed blessing for community schemes
Sectional Titles Schemes Management Act - mixed blessing for community schemesArticle

It's four years since the revised and amended laws were enacted and many property owners are still coming to terms with the requirements of the legislation especially with regards to the setting of budgets...

Michael Schaefer 12 Oct 2020

Financial trouble looms for sectional titles with levies in arrears
Financial trouble looms for sectional titles with levies in arrearsArticle

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...

31 Aug 2020

Why sectional title schemes need a 10-year plan
Why sectional title schemes need a 10-year planArticle

According to the Sectional Title Schemes Management Act (STSMA), a 10-year maintenance, repair and replacement plan for major capital assets must be presented at the annual general meeting for approval by the members of the body corporate...

Bjorn Laubscher 31 Aug 2020

Jogging or walking a dog in a complex
Jogging or walking a dog in a complexArticle

There have been mixed messages about whether residents in a sectional title scheme can jog or walk their dogs within a complex during the current lockdown...

Hopewell Sathekge 6 Apr 2020

Buying a home off-plan
Buying a home off-planArticle

Buying a brand-new home off-plan directly from a developer can be a daunting prospect, but the advantages are significant and the risks negligible - if you do your homework...

Issued by Private Property South Africa 31 Jul 2019

Radical new housing deal proposed to break apartheid barriers
Radical new housing deal proposed to break apartheid barriersArticle

While over half a million Capetonians live in informal settlements, the Rondebosch Golf Club pays the City of Cape Town only R1,000 a month for the use of 450,000m2 of well-situated land...

Steve Kretzmann 22 Mar 2019

Looking to buy to rent? Make sure the unit ticks the boxes
Looking to buy to rent? Make sure the unit ticks the boxesArticle

If a decision is made to buy a residential unit to rent out, it is advisable to first assess what the expectations are in terms of income or tenancy...

Nelio Mendes 20 Mar 2019

The do's and don'ts of insurance for landlords
The do's and don'ts of insurance for landlordsArticle

Along with paying off a bond on a rental property, property investors are usually also paying a monthly or annual premium for home owner's insurance...

5 Feb 2019

#BestofBiz 2018: Property
#BestofBiz 2018: PropertyArticle

We've compiled our annual #BestofBiz 2018 lists across all our industries featuring our most popular articles, most-read contributors and brand press offices with the most views...

14 Dec 2018

4 ways top security estates are increasing property and rental values
4 ways top security estates are increasing property and rental valuesArticle

Few properties in South Africa can compete with the excellent price and rental growth experienced by top security estates...

Schalk van der Merwe 13 Nov 2018

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Regulation of the behaviour of owners and occupiers in sectional titles schemesArticle

The owners and occupiers in residential sectional title schemes live close to one another and share the use of the common property, so their behaviour is subject to various types of regulation...

Professor Graham Paddock 5 Nov 2018

These are the 2 major trends affecting the property market in 2018
These are the 2 major trends affecting the property market in 2018Article

Across the country, security and property size are the two dominant trends evident in the property market in 2018...

4 Oct 2018

New online programme in sectional title management to be launched in 2019
New online programme in sectional title management to be launched in 2019Article

The Introductory Programme in Sectional Title Management - a groundbreaking online programme specifically developed for the sectional title industry - will be launched in 2019...

Issued by Enterprises University of Pretoria 12 Sep 2018

Community Schemes Ombud Service: Who is guarding the guardian?
Community Schemes Ombud Service: Who is guarding the guardian?Article

While there has been much focus in the property media on how homeowners can save costs as the fees for basic services continue to rise, sectional title property owners had more added to their monthly levies...

Chris Renecle 12 Sep 2018

Investing in holiday rental property? Here's what you need to know
Investing in holiday rental property? Here's what you need to knowArticle

With the rise in popularity of Airbnb, many people are hoping to capitalise on the potential lucrative rental income by investing in short-term rentals...

12 Sep 2018

New water regulations to impact community living levies
New water regulations to impact community living leviesArticle

According to local experts, the property market in the Cape Town region has suffered in the wake of the Western Cape's water shortage...

28 Aug 2018

Why smaller, smarter, greener homes are the future
Why smaller, smarter, greener homes are the futureArticle

The key factors driving a distinct buyer preference at the moment for smaller homes packed with green features and smart technologies are...

6 Jun 2018

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How different regulations affect ST schemes and homeowner's associationsArticle

Marina Constas explains how innovations and special provisions that apply to sectional title apartments and town houses do not necessarily apply to homeowners' associations...

4 Jun 2018

Who is responsible for sectional title repairs - owner or body corporate?
Who is responsible for sectional title repairs - owner or body corporate?Article

Owners in sectional title schemes often think that the body corporate is automatically responsible to repair damage to their section if the damage is the result of some failure of the common property...

Anton Kelly 10 May 2018

Recovering arrear levies from defaulting home owners just got easier
Recovering arrear levies from defaulting home owners just got easierArticle

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...

4 May 2018

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Everything you need to know about levies in sectional title schemesArticle

Often referred to as the "life-blood" of the body corporate, owners have to pay contributions and trustees, managing agents and attorneys may have to collect them...

Jennifer Paddock 6 Apr 2018

Is buy-to-let property still attractive as an asset class in the current environment?
Is buy-to-let property still attractive as an asset class in the current environment?Article

According to Gareth Bailey, Pam Golding Properties area principal for Durban Coastal, residential buy-to-let property undoubtedly remains an attractive asset class, even in the current economic and political climate...

1 Feb 2018

Why sectional title schemes should have separate water billing for units
Why sectional title schemes should have separate water billing for unitsArticle

With the Western Cape still in the midst of a severe severe drought, many households have had to adjust the way they use water...

17 Jan 2018

#BizTrends2018: Six trends set to gather momentum in the property market
#BizTrends2018: Six trends set to gather momentum in the property marketArticle

Here are the key trends we believe will gather momentum in the property market in 2018...

Dr Andrew Golding 8 Jan 2018

Nine things to consider before becoming an Airbnb host
Nine things to consider before becoming an Airbnb hostArticle

Earning extra income from your property may be an attractive proposition but there are other factors to consider too...

Issued by Private Property South Africa 19 Oct 2017

Why owners in ST schemes have limited freedom of choice in exterior property appearance
Why owners in ST schemes have limited freedom of choice in exterior property appearanceArticle

Buyers in sectional title schemes are often annoyed to find they have limited “freedom of choice” when it comes to the exterior appearance of their properties...

13 Oct 2017

Be cautious when handing over management of an ST scheme to an executive managing agent
Be cautious when handing over management of an ST scheme to an executive managing agentArticle

In the past, if a sectional title scheme appointed a managing agent, the trustees would still have to be actively involved in the decision making and management of the scheme...

Michael Bauer 9 Oct 2017

Is it permissible to let sectional title units via Airbnb?
Is it permissible to let sectional title units via Airbnb?Article

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)...

9 Oct 2017

Beware the rules when Airbnb-ing sectional title property
Beware the rules when Airbnb-ing sectional title propertyArticle

While sectional title rentals are quite common, Paul French, commercial director for Coastal Property Management Services, says that there is a notable difference between long-term residential rentals and short-term holiday lets...

28 Jun 2017

Trafalgar acquires property management agency in Table View
Trafalgar acquires property management agency in Table ViewArticle

National property management company Trafalgar will be acquiring Table View-based managing agency Browmann Property Management, following the owners', Riana Biermann and Lucinda Brown, decision to retire...

9 Jun 2017

Body corporates need to protect funds
Body corporates need to protect fundsArticle

All sectional title schemes are obliged to have two separate funds: a day-to-day administrative fund and a reserve fund and these funds need to be protected and invested wisely to guard the viability of the property...

6 Jun 2017

Advance your career in property by investing in your professional development
Advance your career in property by investing in your professional developmentArticle

The new UCT Scheme Manager - Sectional Title online short course has been developed around the new Acts and Regulations...

Issued by Paddocks 9 May 2017

The advantages of renting in a sectional title complex
The advantages of renting in a sectional title complexArticle

Sectional title complexes offer numerous advantages to its residents, says Chris Renecle, MD of Renprop...

4 May 2017

Sectional titles: role of body corporate explained
Sectional titles: role of body corporate explainedArticle

In the past 10 years, the number of sectional title schemes in SA has risen exponentially...

Bill Rawson 26 Apr 2017

STSMA Act: do current rules still apply
STSMA Act: do current rules still applyArticle

Many in sectional title schemes might be wondering whether current rules being used by their schemes remain in force now that the Sectional Title Schemes Management Act has come into effect...

Michael Bauer 4 Apr 2017

Future of property in sectional title sector
Future of property in sectional title sectorArticle

The future of property lies largely in the sectional title sector, says Paul French, commercial director for the Coastal Property Group...

16 Mar 2017

New sectional title regulations leave owners, agents confused
New sectional title regulations leave owners, agents confusedArticle

The Sectional Title Schemes Management Act (STSMA), which came into operation on 7 October 2016, has left many sectional title owners and managing agents confused, according to SAICA...

5 Feb 2017

Know the risks before building Airbnb castles in the sky
Know the risks before building Airbnb castles in the skyArticle

With about 7,500 Airbnb hosts in South Africa in June 2016, the fast growing industry has boosted short-term letting in the country...

25 Jan 2017

Why it's a good idea to simplify sectional title meetings
Why it's a good idea to simplify sectional title meetingsArticle

While the new Sectional Title Schemes Management Act (STSMA) repealed several provisions of the Sectional Titles Act of 1986 (STA), the one does not replace the other entirely, explains Mandi Hanekom, operations manager of sectional title finance company Propell...

23 Jan 2017

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