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Posts Tagged 'body corporate rules'

We are pleased to present below all posts tagged with 'body corporate rules'. If you still can't find what you are looking for, try using the search box.

Outstanding Body Corporate Levies - How Much Interest Can Body Corporate Charge me?

In the same way that trustees determine the levies for the year ahead during their annual general meeting, they also determine what interest rate will be applied to levies in arrears.

Sectional Title Schemes - Maintenance of the Common Property

The Sectional Titles Schemes Management Act 8 of 2011 highlights the responsibility of the body corporate in the maintenance of the common property. It also indicates that each unit owner is responsible for maintaining their section. 

Can fines be imposed by the Body Corporate?

The rules of the scheme will help to determine if fining rules can be imposed by the body corporate of a sectional title scheme. The penalty rule will must be in the management rules or conduct rules in order for it to be enforceable.  

The Pros and Cons of Sectional Titles That Property Owners Should Know

Sectional titles have become popular among property owners over the last decade. Sectional titles tend to be more affordable, making it easier for young professionals to buy their own property.


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