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March 2024 (Vol. 19, Issue 3)

You're not alone - let us welcome you to the Club

Greetings Paddocks Press Fan!

It’s easy to feel out of your depth when it comes to the management of sectional title, home owners’ associations and other community schemes. If you’re in this field, you'll know how often questions pop up! And, as a competent scheme manager, we know you need to be able to answer those questions with confidence. 

We, at Paddocks, live and breathe the law of community scheme management. Under the guidance of Prof. Graham Paddock, we  have been leading the way for more than two decades, and understand what it’s like to be working out the law in practical situations that arise daily.

Many years ago, we created Paddocks Club - which is the cheapest and fastest way to get access to expert community scheme law advice and resources. Our members, which include managing agents, chairpersons, trustees, owners, attorneys, and service providers within the community scheme industry, ask us questions and get answers within 24 hours Monday to Friday. 

Basically, members get access to legislation, case-law, a wide range of relevant publications, and everything else the team has gathered over the years to help better understand community schemes and their operations. 

Paddocks Club is moderated by me, Jennifer Paddock, and, of course, Prof. Graham Paddock. Please find out more about our online community at the link below, and join us in our quest to make complex living simple and easy to navigate. 

I look forward to supporting you inside the Club!

Jennifer 

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An online Club, moderated by Graham and Jennifer Paddock, designed to help members find answers to questions about sectional title, home owners’ associations and other types of community schemes.

Sign up to the Club here

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PADDOCKS SHEDS LIGHT ON CURRENT ISSUES

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Understanding Year-End Levy Adjustments/Increases in Sectional Title Schemes

As we face the end of the financial year for our complexes, it’s important to address the process of implementing levy increases as outlined in the Sectional Titles Schemes Management Act (STSMA) and the Prescribed Management Rules. Professor Graham Paddock explains how these increases work. 

 Read article here. 

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Can a Body Corporate write off levy arrears, interest and legal fees? 

In this article Jennifer Paddock sheds light on whether a Body Corporate can write off debts, and highlights how crucial financial management knowledge and skills are in sectional title management. Paddocks is running a course in May that will equip you in this.  

Read article here.

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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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