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The body corporate is the real backbone of Sectional Title
Market & Opinion
The body corporate is the real backbone of Sectional Title
06 Oct 2023
In a Sectional Title scheme, it is usually the trustees and managing agents who are seen to be running things on a day-to-day basis and dealing with the maintenance of the common areas and amenities. However, says Andrew Schaefer, MD of leading property management company Trafalgar, the trustees are in fact only acting on behalf of the body corporate, which is a legal entity made up of all the owners in the scheme and has the fundamental responsibility for ensuring a well-run and financially secure property.
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Are complexes, estates, and gated communities the government’s next target for BEE?
Industry
Are complexes, estates, and gated communities the government’s next target for BEE?
08 Aug 2023
Speaking at the inaugural Community Schemes Ombud Service (CSOS) Indaba in Johannesburg last week, Minister of Human Settlements, Mmamoloko Kubayi, said that the growing community housing schemes sector needs to be transformed to be more inclusive on various levels.
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