Levy Statements

By: Dr Carryn Melissa Durham The adoption of the Sectional Titles Schemes Management Act 8 of 2011 (“the STSMA”) has not altered the position that the trustees (or managing agent) should send monthly levy statements to each owner to ensure open and transparent governance, but for different reasons. The provision dealing with the functions of […]

via Must the trustees send levy statements to owners in sectional title schemes? — Thinking Inside the Box

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