New legislation ensuring that sectional title schemes - the body corporates of which are so often embroiled in lengthy legal proceedings with their members and can now resort to arbitration via a national ombudsman (with regional ombudsmen in all provinces) - can welcomed by the property sector

Sectional title industrial and office parks in South Africa have very often been able to operate with total disregard for the relevant act which governs all such sectional title schemes, says Michael Bauer, general manager of IHFM property managers and regular contributor on the subject via numerous fora

Wednesday, 08 July 2009 02:00

Sectional titles prices rising

trend 2: the convergence of sectional title and full title property prices confounds the common logic that apartments and townhouses are simply entry-level buys.

Wednesday, 08 July 2009 02:00

Residential cash sales increase

Trend 1: what stands out when reviewing transaction data is that ‘cash sales’ — defined as transactions where no bond was registered at the time of transfer - are increasing as a percentage of total sales year-on-year

The University of Cape Town together with Prof. Paddock, a specialist sectional title attorney, and Clint Riddin, a specialist sectional title accountant, will be presenting a new 3-day course on the development of sectional title property

Monday, 24 October 2005 02:00

Tyrant trustees can be your best allies

They insist on having their way. They’re rude, everywhere at once, and a major irritation to occupants of sectional title buildings in South Africa.

Thursday, 04 July 2002 10:01

Sectional Titles debt could be R 3bn

The growing deficits of many developments poses a serious threat to unit owners and managers

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