Seminars will be held in February and March in Cape Town, Paarl, Johannesburg, Pretoria, Durban, Bloemfontein and Port Elizabeth. Get expert views and detailed notes condensing the Acts in an understandable format.
The sectional title and community scheme landscape has been drastically reshaped by new legislation. The Sectional Titles Schemes Management Act 8 of 2011 and the Community Schemes Ombud Service Act 9 of 2011 came into effect on 7th October 2016. Various Regulations have also been published. Agents, trustees and attorneys are faced with a minefield.
DATES & VENUES
Pretoria – 2 February 2017 (Afrikaans)
Durban – 3 February 2017
Port Elizabeth – 6 February 2017
Bloemfontein – 8 February 2017
Cape Town – 3 March 2017
Paarl – 7 March 2017 (Afrikaans)
Johannesburg – 13 March 2017 (Gallagher)
ABOUT THE SEMINARS
Attorneys, Trustees and Estate agents must know the critical aspects of the legislation. It requires compliance in various respects and contravention may result in liability of estate agents and various other persons, based on negligence in the execution of their duties and marketing of property.
The most important innovations brought about by these Acts, together with their respective regulations, which will be discussed during the seminar, are the following :
- Registration of schemes with the Ombud Service (30 days);
- Monthly levies to be paid to the Ombud by every unit (90 days);
- Annual returns to be filed by every scheme;
- Prescribed management and conduct rules;
- Specified amounts to be held in reserve funds;
- Audited financial statements;
- Maintenance plan drawn and lodged annually;
- Dispute resolution procedures;
- Voting rights and resolutions;
- Duties and liability of managing agents;
- Fidelity insurance;
- Clearance certificates;
- Penalties and interest.
Venues are to be announced. This is a morning seminar (09h00 – 13h00). Tea and refreshments are served.
There will be sufficient time for questions and discussion. Seeting is limited, booking essential. Click on this link to book a seat.
Comprehensive notes condensing and explaining the Acts in an understandable format, will be provided.