Two investors bought properties in a sectional title scheme, specifically for purposes of generating an income from short-term letting. When the properties were purchased there was no prohibition on short-term letting.
\nHowever, at an annual general meeting held during 2017, a special resolution was adopted by members of the sectional title scheme in terms of which the scheme\u2019s conduct rules were amended to restrict members from letting out their respective units on a short-term basis (less than 3 months).<\/p>\n