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Property Management, Property Rentals and Property Financial Services in South Africa

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Blog

Feb 04
Insurance do’s and don’ts for landlords

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Property insurance do’s and don’ts for landlords

Property investors who are still paying off a bond on a rental property will usually also be paying a monthly or annual premium for home owner’s insurance (HOC) which provides cover against damages to the structure that could be caused …

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Jan 10
Sectional title common property explained

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Sectional Title Common Property

Sectional Title (ST) owners need a better understanding of how ownership of the common property works and what they can and cannot do with it. So says Andrew Schaefer, MD of national property management company Trafalgar, who notes: “We find …

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Jan 08
Do not delay telling landlord when you cannot make a payment

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Rental Payment Due

TENANTS, if you can’t pay your rent, speak up quickly, all experts advise. The first thing to do is to communicate with the owner and try to make a plan with him or her, said Herschel Jawitz, chief executive of …

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Dec 14
Prince’s Grant HOA appoints Trafalgar

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princegrant

  The Ballito office of Trafalgar Property Management is experiencing increased demand for its services and has already gained several more Sectional Title complexes and North Coast estates as clients since opening in July. Among these is the spectacular Prince’s …

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Dec 11
The do’s and don’ts of Sectional Title money management

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Sectional Title Money Management

  Sectional Title trustees control literally millions of rands worth of levies paid by owners every month, so it is not surprising that they are often approached with proposals to invest at least some of this money in stocks and …

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Nov 09
The downtown Durban slum building that became a poster child for rehabilitation

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Ana Capri

Success followed a decade of legal wrangling to clear a Durban building that had turned into a no-go zone. Blessing Mbhele, a buff bodyguard turned building manager, has an angelic smile that changes in an instant when he means business. …

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Oct 17
Special levies now have a sting in the tail

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Special Levies

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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Sep 26
The legal process of arrear levy collections

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Legal Process of Levy Collections

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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Sep 17
If it’s a Sectional Title scheme, it must have a body corporate

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Duet Sectional Title Homes

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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Sep 10
The importance of receiving and reviewing detailed monthly management reports

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Monthly management reports

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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