Sectional Titles
A sectional title unit consists of a part of a building or a separate building on a piece of land that has been converted into a sectional title scheme. The owner’s ownership of the unit includes ownership of an undivided share in the common property. All the sections together with the common property comprise “the Scheme”.
The common property comprises the areas utilized by all owners, such as the:
grounds
driveways
roads
corridors
recreation facilities
entrance areas
building exterior
What are Exclusive Use Areas?
Parts of the common property, such as a parking bay or garden area, may be delineated as an exclusive use area, and the right to the exclusive use of such area may then be conferred on an owner of a section. Exclusive use rights can be acquired and held in terms of the rules applicable to the Scheme or by way of Notarial Cession.
What are Levies?
Levies are the monies due to the scheme by each owner for the covering of all the expenses the schemes has. Example: Security, insurance on the building, cleaning e What are Levies? Levies are the monies that you as an owner are liable for and which funds are applicable to a scheme (which you as an owner would be liable for). etc.
What is the Sectional Titles Schemes Management Act, no 8 of 2011?
The Sectional Titles Schemes Management Act (STSMA) provides for the establishment of body corporates to manage and regulate sections and common property in sectional title schemes and for that purpose to apply rules to such schemes.
Some of the Body Corporates we manage include
BC 4843
Alma Court
Constantia Park
Heuwel Apartments
Heidi Hof
Village Mews
Villa Serena Dos
Jonkershoek
Key Flats
Klipnek
La Motte Villas
Montgomery Court
Vanessa Court
Villa Serena Uno
Newlands
Rotterdam Gardens
The Thorn Tree
Tolero Consilium
Trimahof
Villa Moura Villas
Meet Our Team
WMPS
Why Trust Us
How can you benefit?
- Experience – WPMS has been managing Community Schemes effectively since 1976
- Professional service with a more personal touch
- More “hands on” service – alleviates a lot of pressure from Trustees / Directors / Scheme Executives
- Multiple staff certified with scheme management through UCT
- Member of the Property Professional
- Registered with the Financial Intelligence Centre
Effective & Efficient Support
- With professionally certified and experienced staff
- With complete transparency – We offer our clients full viewing rights to the bank and accounting platform
- With our industry leading monthly management reporting which helps Trustees / Directors make informed financial and management decisions. Over and above this, our monthly reporting includes tracking of jobs, warning letters, fines and recent sale prices.
General Functions & Assistance
- We ensure compliance of any Management, Conduct or “House” rules
- We attend to the Community Schemes bookkeeping and finances including the invoicing of levies (as well as meter reading and utility billing if need be) to the relevant owners and payment of monthly expenses
- We compile comprehensive monthly management reports for Directors / Trustees.
- We administer all / any insurance claims relating to the property of the community scheme
- We prepare, organise and attend Directors /Trustee /General meetings, including the compiling and distributing the minutes
- We arrange the maintenance and repairs of machinery or fittings of common property
- We comply with any instructions from the Directors / Trustees of the Community Scheme
- We professionally guide you with ensuring the regulatory compliance of the Community Scheme