Who should be chairing your meeting?
FMS Property Managers and TVDM Consultants TVDM Consultants – Zerlinda van der Merwe (Co-Founder | Director) The chairperson of the trustees, being a member of the body corporate, or not, is the person automatically responsible for chairing trustee meeting, annual general meetings and special general meetings. However, it is possible for any and all of
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Exclusively mine, exclusively yours – what is an exclusive use area?
TVDM Consultants – Zerlinda van der Merwe (Co-Founder & Director) In our consulting department, we are often assisting clients with issues and queries that they have in regard to THEIR garden, balcony, parking etc. But, the question we always ask, is “is it yours?” This may sound strange to an owner of an apartment or
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What to consider when drafting a Maintenance, Repair and Replacement plan.
What is a MRR plan? According to the Sectional Title Schemes Management Act, each body corporate is required to establish a reserve fund, including a ten-year maintenance, repair, and replacement plan (MRR). A MRR plan’s purpose is to ensure that the body corporate has enough funds to cover the costs of maintaining and repairing the
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What makes a good managing agent?
TVDM Consultants are Specialist Community Schemes Legal Consultants, advising property portfolio managers, developers, managing agencies and scheme executives in all legal aspects of community scheme property management. As trusted legal consultants, we’ve asked them to deep dive into the question, ‘What makes a good property manager?’ As a trustee or director in a Homeowners Association
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Understanding Levies in Sectional Title Properties
Living in a sectional title property offers many advantages. It also carries certain responsibilities and financial obligations. One of these responsibilities is the payment of levies, also known as contributions, to the body corporate. FMS Property Managers outlines these types of levies related to a sectional title property and how they are determined. How are Sectional
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Superior Body Corporate Management Services
Body corporate management is critical in the field of property ownership for maintaining harmony and guaranteeing the seamless operation of shared places. FMS Property Managers continually strives to expand our property knowledge and inform our clients of developments in the property sector.
Read MoreBenefits of employing a Property Management Company
Why you should choose FMS Property Managers! The benefits of employing the services of a property management company cannot be underestimated. When it comes to managing community schemes, the responsibilities can be overwhelming. This is where property management firms, and FMS Property Managers in particular, steps in to alleviate the burden, providing expertise in handling
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