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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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Nicole Tavares Nicole Tavares

Working from home in a sectional title scheme

Since Covid-19 hit and the National Lockdown drastically changed life as we knew it, it has been very interesting to see the effect it has had on sectional title schemes. In this article Zerlinda talks about woking from home in your scheme.

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Nicole Tavares Nicole Tavares

Sectional title living for your pets

If you are an animal lover, that is considering living in a sectional title scheme, then this article is for you as this article focuses on examples of various pet rules, discusses what happens if the pet rule is amended while your pet is living in the scheme, as well as the steps the body corporate would need to take to remove your beloved pet.

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Nicole Tavares Nicole Tavares

Changing up the rules

There are many pros and cons to living in a sectional title scheme, an issue, which can be seen as both a pro or a con, depending on its nature, is the scheme rules. In this article Nicole will focus on how you would go about amending your schemes conduct rules.

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