Sectional Title Management

Clear understanding of the Companies Act and the Sectional Titles Act ensure that Trustees have assistance in all matters related to their duties in respect of these Acts, including dispute resolution and enforcement of the Rules.
An efficient and well-developed computerised accounting system allows internet access to financial information
Electronic banking facilities are available in house through both ABSA and FNB ensuring efficient services at reduced charges
Weekly reconciliation of bank account places Trustees in a position to make accurate assessments of the financial status of the scheme
Investment of surplus funds
Annual estimates of income and expenditure in consultation with Trustees
Assistance for Trustees in the presentation of the budget at Annual General Meeting (AGM)
Assistance for Trustees in the preparation of Annual Reports
Preparation of accounting documentation for audit purposes at year-end
Assistance with presentation of audited Financial Statements at AGM
Attend to insurance matters and process claims
Assist with legal matters as and when required
Assists and advise the Trustees in the enforcement of the rules adopted by the Body Corporate / Homeowners Association (HOA), as well as Annexure 8 Management rules and Annexure 9 Conduct Rules of the Sectional Titles Act and in respect of the HOA, the Constitution (Articles of Association). These are attended to with specific instruction from the Trustees
Assist in preparation and/or amendment of the rules as may be applicable from time to time
Strict control in respect of the collection of levies and other amounts as may become due and payable to Body Corporate / Association
Preparation of monthly arrear report for submission to Trustees
Verification of payments from available funds of all accounts payable
Negotiate on behalf of the Trustees with:

Professional persons, firms or other organisations in respect of legal matters if and when
necessary and/or required
Professional persons, firm or other organisations for the drawing up of specifications work to be
done on the common property, and
Outside contractors to do work perform services if and when necessary and/or required

Endeavour to recover from owners the costs of repairs or replacement for which they are liable in law, whether arising from lease commitments or where a tenant/owner has damaged the property
Assist in the preparation of employment contracts for gardeners, general workers, caretakers, if and when required