Good financial and cash flow management is at the heart of all well-run and efficiently operated community housing schemes, including Sectional Title schemes, shareblocks, retirement developments and Home Owners’ Associations (HOAs). And the basis of this, says Andrew Schaefer, MD …

The Covid-19 pandemic has had a negative impact on levy income cash flow in many Sectional Title schemes this year so it is no surprise that trustees are looking for other sources of revenue, including rentals for certain parts of …

Sectional Title schemes that are not yet compliant with the reserve fund provisions of the Community Housing Schemes Ombud Services (CSOS) Act should rectify that position as soon as possible. So says Andrew Schaefer, MD of national property management company …

Community housing schemes have just a few months left to ensure that their record-keeping systems and those of their managing agents are compliant with the Protection of Personal Information (POPI) Act, which became effective on 1 July this year with …

For trustees that want to create a harmonious and co-operative atmosphere in their Sectional Title (ST) schemes, the most important thing to do is ensure that they have a set of Conduct Rules that are modern, clear and specific. That’s …

Scores of Sectional Title (ST) schemes and Home Owners’ Associations (HOAs) around the country are going to be in financial trouble soon if owners don’t start making up the levy payments that were deferred during the hard lockdown imposed earlier …

Steep annual increases in municipal electricity and water tariffs are a constant incentive for sectional title (ST) schemes and housing estates to implement alternative energy and water supply solutions, but increasingly they are also seeking other ways of making their …

Sectional Title schemes that are experiencing financial difficulties should appoint an executive managing agent rather than seeking to have the scheme placed under administration. That’s the word from Andrew Schaefer, MD of leading national property management company Trafalgar, who says …

The revised Disaster Management Act directions on the movement of people from one home to another mean that tenants and home-buyers can now go ahead and move into their new Sectional Title (ST) and estate homes as long as they …

There are at least 35 000 residential sectional title (ST) schemes in SA incorporating more than 1-million homes, and ST sales as a percentage of total home sales have risen from around 34% to around 37% in the past year*, …