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Nicole Tavares Nicole Tavares

Setting the record straight

The Sectional Titles Schemes Management Act and the Community Schemes Ombud Service Act requires that a body corporate keep certain items on record, in order for the scheme to be compliant. In this article Nicole takes a look at exactly what needs to be kept.

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Nicole Tavares Nicole Tavares

Community scheme insurance and AGMs

Very often, at an annual general meeting (“AGM”), important insurance aspects are overlooked. In this article, Mike will provide a few simple tips on how to avoid some of the pitfalls and risks.

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Nicole Tavares Nicole Tavares

How many bank accounts does a Body Corporate need?

A body corporate requires a minimum of two funds, namely one for the administrative fund and the second, a reserve fund. The administrative fund is used to fund the operating expenses of the body corporate for a particular year, and the reserve fund for the implementation of the maintenance, repair and replacement plan of the body corporate. In this article Bruce investigates just how many bank accounts a body corporate needs.

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Nicole Tavares Nicole Tavares

What can you do in a body corporate?

It is completely understandable, that one could easily get confused when it comes to what you can do in a body corporate. In this article Nicole provides a top 20 list of what you can do in a body corporate.

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