Trustee

HANNES SWANEPOEL   Why trustees need to read the accounts and the bank balance together, not one or the other. A body corporate can show a healthy surplus in its financial statements and still be unable to pay its suppliers next month. That is not a contradiction. The accounts and...

HANNES SWANEPOEL   As community schemes grow more complex, keeping people and tasks aligned takes more than email and spreadsheets. Community scheme living, whether under sectional title or a homeowners' association, has become far more complex. Community schemes are bigger, member expectations are higher, and compliance requirements are tightening every...

ELWIN ELS     A plain-English guide to the role of trustees under the Sectional Titles Schemes Management Act. If you live in a sectional title scheme, you have almost certainly heard the word “trustee” thrown around — usually just before an announcement about a special levy or a new...