Articles related to "Trustees"

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Sectional title scheme trustees can be held liable for losses
Any trustee who acts in breach of his fiduciary relationship can be held liable to the body corporate for any loss suffered as a result of his actions.
A question of volume in sectional title schemes
Today, many of us live in sectional title developments. And although there are numerous benefits to be had, there are also negatives – one of which relates to noise levels.
High Court ruling has big implications for gated estates
A recent court ruling regarding traffic enforcement and movement of domestic workers has set the cat amongst the pigeons as far as estate living goes.
Tenants and sectional title scheme conduct rules
The conduct of the occupiers in a sectional title scheme is governed by a set of rules. Both long-term and short-term tenants are bound by these rules.
Sectional title schemes can block Airbnb letting
The Ombud for community housing schemes has cleared up the confusion regarding letting sectional title units.
Here’s what to do when no one wants to be trustee
Fewer sectional title owners are prepared to take on the responsibility of being a trustee. Fortunately, a new management rule can save the day.
Rules for smoking or braaiing in Sectional Title schemes
The Sectional Title Schemes Management act is a breath of fresh air for residents that are bothered by their neighbour’s smoke.
Why body corporates now need two body corporate funds
Understanding why body corporates require a reserve fund and an administrative fund as per the new STSMA regulations.
Selling a unit when levies are in arrears
The sale of a unit in a sectional title scheme cannot go through until the outstanding debt is settled.
How the voting procedures at sectional title meetings have changed
The process for voting at sectional title meetings has changed according to the Sectional Titles Schemes Management Act.