Sectional Title and HOA Training
Improve your knowledge and understanding of the Sectional Titles Act and the Companies Act.
Introduction
Trustees carry significant responsibility for the financial health, governance, and community well-being of the scheme. By following the law, applying best practices, and fostering open communication, Trustees ensure that the scheme thrives and property values are protected. Many Trustees underestimate their fiduciary duty and treat it as a casual role, forgetting that they can be held personally liable for negligence
Key Role
- Ensure proper governance
- Protect property values
- Promote harmonious living
Legal & Governance Framework
- STA 8 of 2011: Deals with ownership, registration, and subdivision of sectional property.
- STSMA 8 of 2011: Governs day-to-day management, finances, and meetings.
- CSOS (Community Schemes Ombud Service): Approves rule changes and resolves disputes.
- Prescribed Rules: Default management and conduct rules (unless amended with CSOS approval).
Role of Trustees
- Duties
- Code of Conduct.
- Governance & Meetings
- Meeting Types
- Resolutions
- Financial Management
Core Responsibilities
- Maintenance & Repairs
- Compliance & Risk Management
- Conduct Rules & Dispute Resolution
- Communication & Transparency
- Practical Tools & Templates