Paddocks Press is an ad hoc free digital newsletter published to educate and update the sectional title community. The current issue (Volume 4, Issue 1) has a number of articles of interest, including:
Payment of Section 25 Contributions - Judith van der Walt deals with the payments due to the body corporate by developers involved in section 25 scheme extensions, including the holders of fractionalised future development rights
The Relationship of a Body Corporate and its Tenants in the Scheme - Jennifer Paddock underlines the need for buy to let investors to know their liability between themselves and bodies corporate vis-à-vis their tenants. The Sectional Titles Act 95 of 1986 imposes a positive obligation on an owner to ensure compliance with the rules by his lessee or occupant. While the Rental Housing Act 50 of 1999 requires the landlord of a lease agreement to attach a copy of the scheme's rules to the lease agreement. A scenario of interest is where a tenant has undertaken to pay the owner's levies to the body corporate and fails to do so - he cannot be evicted by the body corporate as it is ultimately the owner's obligation to pay the levies.
Sectional Title Insurance - New Rule 29(4) - Mike Addison looks at the practical implications of the new Prescribed Management Rule 29(4) and the lack of priority given to the liability for insurance excess payments.
Waterproofing concrete flooring - Rob Paddock explains what has to be done in order to thoroughly waterproof concrete flooring.
Rental Housing Tribunal Demystified - Salim Patel demystifies the provincial Rental Housing Tribunals.
Q & A with the Professor - Professor Graham Paddock replies to a number of questions including:
- Maximum proxies per person.
- Limit on trustee expenses.
- Challenging votes for/against special resolutions.
- Too few residential parking bays.
- Individual maintenance of EUA's.
Paddocks Press Vol 4, Issue 1