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April 2024 (Vol. 19, Issue 4)

Greetings Paddocks Press Fan!

It's that time of the year when Annual General Meetings are looming! 

Has the Annual General Meeting (AGM) preparation got you puzzled? Unlock the blueprint to a flawless AGM with our feature article 'Navigating the AGM: A Preparation Guide for Sectional Titles AGMs'. Professor Graham Paddock explains in detail how to go about preparing for and running an effective AGM. 

One of the things you will need to cover and plan for in your AGM is the administrative fund budget. Learn more about planning your Body Corporate's administrative budget from Jennifer Paddock's article.  

Many of our Paddocks Club members, owners and managing agents have found our Sectional Title Survival Manual to be a valuable resource in being prepared and equipped for AGMs. Find out more about this manual, which we offer in eBook and hardcopy format, in this edition. 

Announcing the next Advanced Sectional Title Financial Management Masterclass! 

Many of you have been asking when it will start. The course starts on the 20th May 2024, with an early bird discount if you register and pay by the 5th of May 2024. Join us for this three-week course that will equip you with all the necessary information to take you to the next level of knowledge of Sectional Title finances.

In just 3 weeks, this online, part-time course will equip you with all the necessary information to take your knowledge of Sectional Title finances to an advanced level.

This comprehensive course covers all the legal aspects of sectional title financial management, from the basic principles of body corporate governance to the complexities of investments and taxes. You will gain a deep understanding of the different funds and accounts that a sectional title scheme requires, the various contributions and levies, the maintenance of proper financial records, and the requirements for audit and insurance.

The course has been designed with the busy working professional in mind. It is structured in a logical and easy-to-follow manner, and the three weekly modules that can be completed in your own time.

More information here

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PADDOCKS SHEDS LIGHT ON CURRENT ISSUES

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Navigating the AGM: A Preparation Guide for Sectional Titles AGMs

"Do you dread AGM season for your sectional title scheme? Wish there was an easier way? Transform AGM chaos into order!" Professor Graham Paddock explains how to best prepare for these annual meetings and streamline the process, leading to more productive, legally sound AGMs.

 Read article here. 

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Empowering Your Body Corporate: 8 Steps to a Strong Administrative Fund Budget

In this article Jennifer Paddock focuses on the creation of the administrative fund budget, breaking the process down into eight straightforward steps, helping you navigate the task of preparing this crucial budget with confidence.   

Read article here.

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Don't do it alone! Our Sectional Title Survival Manual is here to help you

Now in its 8th edition, the Sectional Title Survival Manual has proven over 30 years to be one of the most popular reference guides for those living or working in sectional title. We constantly hear from our readers how their “Green Book” has become an essential go-to guide for any problem they encounter in their body corporate dealings.

Written by Graham Paddock, this book holds your hand right from the start when it takes you through the basics, until the end when it deals with termination of a scheme, and everything in between!

Buy the Sectional Title Survival Manual here

GOT AN ISSUE?

We’re here to help. Visit paddocks.co.za and checkout our articles and resources, or email info@paddocks.co.za and one of our legal consultants will get back to you.

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