Paddocks Press is a monthly free digital newsletter published to educate and update the sectional title community. In this issue (Volume 11, Issue 03) Carryn discusses ordinary resolutions in the video.
Levy contributions authorised by trustee resolution - Zerlinda van der Merwe
In this article, Zerlinda discusses the consideration, confirmation or variation of an itemised estimate of the anticipated income and expenses of the body corporate for the ensuing year - more commonly known as the budget. The budget must ensure that there is an income sufficient for the establishment and retention of an administrative fund, as required by section 37(1)(a) of the Sectional Titles Act 95 of 1986 (“the Act”).
Substitution of rules by the body corporate - Carryn Melissa Durham
In this article, Carryn addresses the two circumstances in which the developer can substitute the scheme rules. It is possible for the body corporate to change the rules initially made by the developer or the prescribed management and conduct rules contained in Annexure 8 and 9 of the Regulations made under the Sectional Titles Act 95 of 1986 (“the Act”).
Blog post: New Paddocks Courses and Workshops on Community Scheme Management - Anton Kelly
In this blog post, Anton covers the need for each of the new courses Paddocks is currently developing, such as a Community Scheme Financial Manager, Community Scheme Occupational Health and Safety Manager, as well as how to start and manage a sectional title managing agency, and how to develop sectional title schemes, as the management of schemes is becoming ever more complex and demanding.
Paddocks Club Q and A - Paddocks Club Team
Here are two interesting discussions held on Paddocks Club, in February: