How to Reduce Costs for Community Schemes Without Sacrificing Quality
Whether it’s a homeowners association (HOA), a sectional title complex, or a similar property management structure, managing a community scheme can be a delicate balancing act. The goal is always to maintain a high standard of living for residents while managing the financial health of the scheme. In the current economic climate, property managers face
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When Levies Go Unpaid: What the Landmark Bondi Case Means for Property Owners
Managing levies and ensuring financial sustainability within a complex has always been a critical responsibility for property owners and landlords. A recent landmark ruling by the South Gauteng High Court in Johannesburg has set an important precedent regarding unpaid levies and the consequences that follow. The Case That Caught Everyone’s Attention The body corporate of
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Navigating Conflict in Sectional Titles: When and How to Escalate Issues
Living in a sectional title complex can also bring unique challenges—especially when disputes arise. Whether it’s a noisy neighbour, disagreement about a boundary or concerns over maintenance, addressing conflicts quickly and efficiently is essential for preserving harmony and ensuring effective management. This practical guide on conflict resolution in sectional titles includes when and how to
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Effectively Managing a Scheme’s Funds: The FMS Property Managers Advantage
Managing the finances of a community scheme, whether a sectional title or a homeowner’s association, is a critical task that requires expertise, transparency, and strategic planning. For trustees and body corporates, effective fund management ensures the smooth operation of the scheme and enhances the quality of life for all residents. We understand the complexities of
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Maintenance issues in community schemes: Who is responsible?
Managing a community scheme, whether it’s a sectional title development or a homeowner’s association, often involves navigating complex maintenance responsibilities. And for residents of these communities, the question is often asked, “Maintenance issues in community schemes: Who is responsible?” For trustees and body corporates, understanding who is responsible for various aspects of property management is
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Celebrating Women in Property
Resilience and Inspiration in a Dynamic Industry During Women’s Month, we celebrated the incredible women who make a difference in the property management industry every day. The industry demands resilience, adaptability, and determination, and the women of FMS Property Management bring this and more to their work every day. We asked the ladies in our
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Not Paying Levies Will Negatively Impact Your Sectional Title Scheme
Not paying levies will negatively impact your sectional title scheme. Levies are not just another monthly expense; they are vital to maintaining and growing the value of your investment. We unpack how not paying your levies will negatively impact your investment. Levies in Sectional Title Management Levies ensure that any sectional title scheme runs smoothly.
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Better Communication, Stronger Community.
How Property Management Elevates Sectional Title Schemes Property management elevates sectional title schemes. In any shared living environment, effective communication is essential. In today’s fast-paced world, having a reliable property management team can be the difference between a thriving community and one that struggles with disarray. With multiple residents, trustees, and regulations to consider, a
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Navigating Regulatory Complexity
How professional secretarial and administration services can help navigate property management complexities. TVDM Consultants – Razeen Khan (Community Schemes Consultant) Professional secretarial and administration services offer invaluable support. By leveraging these specialised services, property managers can effectively mitigate legal risks and maintain compliance, ultimately safeguarding the interests of all stakeholders involved. TVDM Consultants highlights the
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Budgeting for success in community schemes
Best practices for annual budget preparation TVDM Consultants – Zerlinda van der Merwe (Co-Founder | Director) In our consulting practice, and during my time as a managing agent, I saw that although many members of community schemes do not understand much more than the basics of financial accounting and budgeting, they do their best to
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