With more owners defaulting on their levy payments, the scheme's finances are under unnecessary strain. Defaulters continue to enjoy the benefits of a secure environment without contributing to the services that provide it. To ensure owners pay their levies and avoid the need for raising special levies or seeking external funding for services, we will explore the best strategies.
This training session covered what scheme trustees or owners need to do to make improvements to common areas and distinguish between essential and non-essential improvements.
Leigh Maingard, CEO of Intersect Sectional Title Services, was joined by Zerlinda van der Merwe of TVDM Consultants and Nicola Schaefer of ZDFin, who will help us understand the practical and legal aspects of these topics
This training session took place on Tuesday 30 July 2024.