Property Management, Property Rentals and Property Financial Services in South Africa
0861 664 444 sales@trafalgar.co.za
There are many Sectional Title owners and buyers who are under the impression that the legislation which made it compulsory for schemes to establish and maintain substantial reserve funds also did away with the need for unpopular and often problematic …
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Elwin Els, the National Collections Manager for Trafalgar Property Management talks about the legal collection process of arrear levies. There are a couple of items discussed, one being the rationale “Why do we need attorneys?”, “Why do we need them …
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There could be trouble ahead for the owners of duet homes and properties in small sectional title (ST) estates that do not have a functional body corporate and are not being run in terms of the Sectional Title Schemes Management …
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Andrew Schaefer from the Trafalgar Property Group emphasises the critical importance of receiving and reviewing and especially making time to review detailed monthly management reports. Certainly, the chairman and finance director or trustee should take at least an hour a …
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It is important to convene a first Trustee or Director meeting as soon as possible, after an AGM, ideally within a week. The important items to cover in that meeting are firstly, to elect a chairman, which is elected by …
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The function was first introduced in October 2016 with the new Sectional Title Schemes Management Act (STSM). It is a role which takes the full function and responsibility of the board of Trustees and it is particularly suited to buildings …
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Sectional Title home buyers need to look out for a “right of extension” clause in their sale agreement, because it could make a big difference to their property’s value in the future. That’s the advice of Andrew Schaefer, MD of …
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Punctual AGM’s are an important governance milestone for Trustees to closely project manage and deliver. The deadline is within 4 months of the new financial year and close attention to completing the necessary dependencies starting from the 10th month of …
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The guidelines to follow are written as an executive summary aimed at enhancing the effectiveness and decision- making time efficiency of the board of trustees, together with creating expectations in terms of governance milestones and decision- making turnaround times. Important …
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National property management company Trafalgar has opened a new branch office to serve clients in Ballito and along the North Coast of KwaZulu-Natal, which is currently one of the fastest-developing regions in SA. “We already have a large portfolio of …
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