Paddocks Press is an ad hoc free digital newsletter published to educate and update the sectional title community. The current issue (Volume 3, Issue 12) has a number of articles of interest, including:
Overview of the November 2008 amendments to the sectional titles regulations - Prof Paddock gives a one-page summary of the changes to the Regulations and Prescribed Rules as amended by Government Notice R1264.
Now the developer can amend PMR 31. What does this mean? - Prof Paddock looks closely at PMR 31, including the new sub-rule 4A dealing with the 'end of the financial year problem', and discusses the opportunities arising from the developer's new ability to amend these provisions.
The text of the new Form V - The text of the new Form V Notification is set out.
Financial planning in tough times - Clint looks at the importance of proper scheme bookkeeping and introduces the forthcoming Sectional Title Bookkeeping course.
Amendment to prescribed management rule 29 - Judith van der Walt looks at the new provision in regard to liability for insurance excess payments.
The effect of the amendment to PMR 46(1) - Jennifer Paddock unpacks the changes to PMR 46(1), the re-introduction of default annual renewal of managing agency contracts.
The benefits of maintenance planning in sectional title schemes - Rob Paddock deals with the benefits of planned building maintenance in sectional title schemes.
Q & A with the Professor - Professor Graham Paddock replies to a number of questions including:
- Developer not completing common property properly.
- Owner liability for HOA levies.
- Constitution of a body corporate.