Principles of Sectional Title

Duration: 6 days

Course Details:

This course prepares and assists property professionals in understanding this complex legislation as well as applying the principles of sectional title from all perspectives.

This course is designed to cater for managing agents, estate agents,trustees and property investors.

Topics Include:

  • Sectional Title Act, Property Rates Act, legislation
  • Educating buyers
  • The developer’s real right of extension
  • Exclusive use areas vs. allocated areas
  • Levy calculations and clearance certificates
  • Management rules, conduct rules and house rules
  • Agreements of sale and disclosures
  • Rights and responsibilities of owners and agents
  • Alterations and extensions
  • The roles of body corporates and trustees
  • Dispute resolution
  • Trustee meetings, AGM and STM
  • Obligation of trustees and management of levy funds
  • Budgeting and financials
  • Debt collection

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