Yes, all outstanding levies must be settled before the sale can proceed. A levy clearance certificate is required, and it can be withheld until all debts are cleared, potentially delaying or preventing the sale.
Non-payment of levies can result in service suspension, legal action, and in severe cases, the property may be sold to recover the outstanding debt.
A managing agent (such as RPS) oversees financial management, property maintenance, daily operations, and communication between the body corporate, owners, and tenants, ensuring compliance with regulations.
Sectional title insurance is legally required to cover the building and common property. However, owners have the option to separately insure the contents inside their unit.
A managing agent ensures efficient property administration, compliance with legal regulations, and long-term property value preservation through professional financial, legal, and maintenance oversight.
No, a professional managing agent helps prevent costly mistakes, ensures legal compliance, and enhances the efficiency and sustainability of the scheme.
Yes, sectional title schemes must comply with the Sectional Titles Act, Community Schemes Ombud Services (CSOS) Act, building regulations, and municipal by-laws to ensure legal and operational integrity.
The body corporate, with the assistance of a managing agent, is responsible for maintaining and repairing common areas, including shared facilities and external structures, using collected levies.
Disputes can be resolved through internal mediation, body corporate meetings, or formal intervention by the Community Schemes Ombud Service (CSOS), which offers a structured dispute resolution process.