Tag - trustees

Investigate your body corporate

Buying into a sectional title scheme requires more than understanding just your own finances. You’re ready to buy your first home, you’ve saved up the deposit, got financing approval and done your homework on the area where you want to live. The perfect home comes up in a sectional title development and you’re ready to make an offer – but your...

Bankrupted by the body corporate

Sectional title is often the more affordable way to buy a home but it comes with its own challenges and you need to be a proactive resident to ensure your body corporate is run properly. A City Press reader was recently informed by her body corporate that she had to pay a massive R10 000 special levy towards improvements at the complex including...