Latest News


Mar

27

2014

The Rental Housing Act and House Rules

By Sayed Iqbal Mohamed A lease establishes a contractual relationship between the tenant and the landlord, to the exclusion of all other parties. One of the major challenges is to ensure tenants adhere to the body corporate rules. These are the relevant provisions of the scheme’s management and conduct rules, in the rental housing context referred to as house rules, that regulate the relationships between…

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Mar

17

2014
Changes to Home Owners Association’s VAT registration are welcomed

Changes to Home Owners Association’s VAT registration are welcomed

Presently, Sectional title bodies corporate have been exempt from VAT, as opposed to  home owners’ associations that had to register for VAT if their incomes exceeded the VAT threshold amount. From a practical perspective, in sectional title schemes run by bodies corporate, the aggregated rates, electricity and water accounts are paid on behalf of the owners then recovered from the owners. To impose VAT on a…

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