In my humble opinion if you live in a sectional title scheme; be it as a tenant or owner, you should at the very least, be familiar with the conduct rules of that scheme - having a copy of the management rules on hand for reference wouldn't hurt either.
In this post we will take a look at the pros and con's of living in a sectional title scheme.
The Pros
- First on the list has to be a sense of security from living in a close, and often gated community.
- Buying into a scheme is usually cheaper than buying a free standing home, because the cost of maintaining the common property is shared by all the owners.
- There is a greater sense of community living in a sectional title scheme.
- When you buy into a sectional title scheme you automatically become a member of the "Body corporate" this means you have a say as to how the common property is managed/maintained. The Annual General Meeting gives owners the opportunity to have their say in the affairs of the body corporate.
- For investors, buying into a sectional title scheme, means not having to maintain the whole property as they would in a freehold property. The common property is maintained by the trustees of the body corporate.
The Cons
- In order for people to live harmoniously in a close knit community there has to be rules. These are called: "The conduct rules".
- The outside walls of your section are common property, this means that, before you decide to mount a satellite dish - you need to gain permission from the body corporate trustees, through the managing agent.
- Before taking occupancy of your new home, you need to apply to the body corporate to keep a pet. This is again done by writing to the managing agent.
- You may think that having a braai with friends is no ones business but yours, however, if your braai smoke drifts into the unit next door, you are breaching a conduct rule the states that you can not do anything that causes a nuisance to other members of the body corporate.
- Before undertaking any alterations in your section you again need to apply in writing to the BC through the managing agent. This is to ensure that the integrity of the building is not compromised.
Generally speaking living in a sectional title scheme realy does require equal measures of consideration and tolerance - Its not for everyone - but for people who enjoy community living. Its a fulfilling lifestyle.
