Compliance with the SECTIONAL TITLE ACT and PRESCRIBED MANAGEMENT RULES for sectional title schemes is an OBLIGATION not a choice.
Failure to comply can hold very serious legal consequences for both boards of trustees and body corporates of sectional title schemes.
THE CHALLENGES…….
Managing a Sectional Title Scheme in compliance with legislation is a COMPLEX task.
Good management requires sound knowledge and understanding of Sectional Title Schemes law as well as practical scheme management skills.
Most managing agents for sectional title schemes are burdened with a vast number of principals to take care of on a full time basis, resulting in limited quality of service dedicated to each scheme.
Consulting specialist sectional title attorneys can become a very costly affair especially if a scheme is already experiencing financial difficulties.