Monthly Archives: April 2014


Apr

14

2014
Reserve Funds – What You Need to Know

Reserve Funds – What You Need to Know

By Jennifer Paddock (as authorised and extracted from a post dated February 5, 2014 on the www.mystrata.com blog. Once the Sectional Titles Schemes Management Act comes into force Reserve Funds for bodies corporate will be mandatory and the Minister will prescribe mandatory minimum amount. This means that the lax attitude most bodies corporate in South Africa have been taking towards reserve funds will no longer…

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Apr

14

2014
PARAMETERS / LIMITATIONS OF MEMBERS’ POWERS TO INSTRUCT TRUSTEES

PARAMETERS / LIMITATIONS OF MEMBERS’ POWERS TO INSTRUCT TRUSTEES

Article by Tertius Maree (Attorneys) as published in MCS Courier Issue No 45 December 2013  May owners issue directives to trustees regarding pets? May members impose restrictions regarding maintenance? Is it possible for trustees to establish a ‘policy’ regarding pets? May owners’ actually instruct trustees as to how a ‘pets policy’ must be implemented? In terms of section 39(1) of the Act the owners may…

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Apr

14

2014
BUILDING ALTERATIONS BY OWNERS

BUILDING ALTERATIONS BY OWNERS

This article is upon a seminar presented by Tertius Maree (Tertius Maree Associates) to STASWEST during March 2014 When dealing with alterations to the common property by owners of sections in a sectional title scheme, there are three important points to keep in mind:Alterations or improvements by owners do not equate to improvements to the common property effected by the body corporate, even if such ‘private’…

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