STBB’S REFERENCE GUIDE TO THE SECTIONAL TITLES SCHEMES MANAGEMENT ACT
For Managing Agents, Trustees, Owners and Property Practitioners
In this and the next few Property Law Updates, we provide a section-by-section summary of sectional title scheme management as envisaged in the new Sectional Titles Schemes Management Act that came into operation on 7 October 2016, after a long wait for it and the associated Community Schemes Ombud Services Act to become operational.
The reference guide also includes the text of cross references to other sections and regulations, as well as key search words, to ease your coming to grips with the Act’s prescripts.
We suggest you retain each week’s update and file it away, so as to build your own personal referencing guide of all the provisions of the Act.
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Section 2 of the Act – The Body Corporate
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STBB’S STSMA REFERENCE GUIDE
In this, the second set of notes for your Sectional Titles Schemes
Management Act Reference Guide, the details of section 3 of the Act are provided. It generally deals with the functions of the body corporate and touches on aspects relating to the establishment of funds, collecting of levies, insurance and the like.
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Section 3 of the Act – Functions of Body Corporate
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