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Banks scrutinising Body Corporates finances

[caption id="attachment_897" align="alignright" width="200"] Conveyancing Manager - Rabie Property Group[/caption] The proper financial management of sectional title body corporates is likely to come under increasing scrutiny by mortgage lenders making it difficult for purchasers to raise finance to buy into badly managed complexes. Kim Pistor, conveyancing manager...

Know your rights and obligations in sectional title schemes

Sectional title has become the most common form of property ownership in South Africa and it is imperative that property owners know their rights and obligations in relation to the sectional title development in which they are involved, says Kim Pistor, legal advisor and conveyancing...