Sentences with phrase «sectional title owners»

Not exact matches

The Sectional Titles Act is clear that the owner of the exclusive use area is responsible for the maintenance and repair of this area.

Firstly, for those owners considering listing flats which fall within sectional title schemes, it is important to first determine whether their particular scheme allows short - term letting, since many expressly prohibit the practice and, where this is the case, to do so would contravene the body corporate rules.

The third category of property is exclusive use areas, which are part of the common property but granted to one or more owners for which they have to pay an exclusive use levy according to section 37 (1b) of the Sectional Titles Act.

«Short term rentals are not in the spirit of the Sectional Titles Act,» Constas maintains, and notes that the Act also states in its provisions that owners need to guard the reputation of the building.

If there is one issue which can be almost guaranteed to cause dissension among sectional title property owners, it is the question of who is responsible for the maintenance of the three different types of property in sectional title schemes, i.e. sections, common property and exclusive use areas, says Michael Bauer, general manager of the property management company, IHFM.

The Sectional Title Act does not specify that owners have a fiduciary responsibility in the sectional title scheme in which they live, but owners should take an interest in their scheme, they should ask about the financials and if meetings are not held, they should quesSectional Title Act does not specify that owners have a fiduciary responsibility in the sectional title scheme in which they live, but owners should take an interest in their scheme, they should ask about the financials and if meetings are not held, they should questionTitle Act does not specify that owners have a fiduciary responsibility in the sectional title scheme in which they live, but owners should take an interest in their scheme, they should ask about the financials and if meetings are not held, they should quessectional title scheme in which they live, but owners should take an interest in their scheme, they should ask about the financials and if meetings are not held, they should questiontitle scheme in which they live, but owners should take an interest in their scheme, they should ask about the financials and if meetings are not held, they should question why.

If there is one issue which can be almost guaranteed to cause dissension among sectional title property owners, it is the question of who...

It is sometimes very difficult to motivate owners to make themselves available as trustees in sectional title schemes, says Michael Bauer, general manager of...

There is often discussion and debate on the issue of the enclosure of patios or balconies in sectional title schemes and whether they become part of the section of the owner (in which case his participation quota will be higher) or whether it remains part of the common property but for his exclusive use, says Michael Bauer, General Manager of the property management company, IHFM.

It is sometimes very difficult to motivate owners to make themselves available as trustees in sectional title schemes, says Michael Bauer, general manager of property management company IHFM.