Paddocks Press is an ad hoc free digital newsletter published to educate and update the sectional title community. The current issue (Volume 2, Issue 7) has a number of articles of interest including:
Sectional title takes off in Botswana - The first sectional title registers have been opened at the Deeds Registry in Gabarone. Botswana's legislation is based on the South African law as it was in 1997 but has a number of significant changes, for instance with the number of regulations and prescribed rules being substantially reworked and reduced. Sectional title ownership is expected to play an important role in the development of residential, retail, industrial and commercial property in Botswana.
Insurance claim: owner or third party causes damage Mike Addison gives a number of examples of damage being caused to the insured's property and how the body corporate should deal with it in the best way.
Does your body corporate need a managing agent? - Judith van der Walt considers this question, the most important aspects of which are the size of the scheme, and the costs - financial and time - of administering it.
Q & A with the professor - Professor Graham Paddock looks at the following topics:
- Maintenance of exclusive use outbuildings and equal levies.
- Share of profits due to a body corporate.
- Excess payments in regard to hot-water cylinders.
Paddocks Press Vol 2, Issue 7