27 October 2022
821
Sectional Title Complexes
The Objective: To educate and equip TRUSTEES
Presenter: Marina Constas
(Author: Demystifying Sectional Title)
Who should attend?
I. Trustees (Body Corporate)
II. Sectional Title owners
III. Managing Agents
IV. Estate Agents
V. First time Home Buyers
When: 9 November 2022
Time: 10am (+-90 minutes)
Link: https://us02web.zoom.us/j/87186764444?pwd=UHRuTVR6UVFMMzlXTmZVNjF3cHllQT09
What will be discussed?
1. SECTIONAL TITLE ROLE PLAYERS
- The Body Corporate
- The Trustees
- Members of the Body Corporate
- The Community Schemes Ombud Services
- The Managing Agent
- The Auditor
- The Body Corporate Insurer/Insurance Broker.
2. RULES OF THE BODY CORPORATE
“The rules must provide for the regulation, management, administration, use and enjoyment of sections and common property”
- Management rules
- Conduct rules
- Conflict?
- Amendment of Conduct and Management rules?
- Enforcement of rules.
3. MEETING & VOTING
- Participation Quota; Quorum; Voting
- Annual General Meeting
- Special General Meeting.
4. TRUSTEE’s MEETINGS
- Notice of Trustees’ meetings
- Who may attend the Trustees’ meeting?
- Duties of the Trustees
- Resolutions
5. FINANCIAL MANAGEMENT OF A BODY CORPORATE
- Who is responsible?
- Reserve funds
- Annual Audit
- Financial year