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For most people, their home is their biggest and most important asset. However, unlike other big assets, the sectional title home tends to be the least researched and understood asset prior to purchase.
READ MOREIn the state of New South Wales (NSW), Australia, legislation imposes specific responsibilities on banks and other financial institutions, when they take possession of sectional title units (referred to as ‘strata lots’) after foreclosure.[1]
READ MOREIn the complex world of sectional title management, even apparently straightforward aspects like voting procedures can spark lively debates among industry professionals. Recently, our Western Cape Regional Sales Manager, Brendon Levin, raised an intriguing question with us following a general meeting of a body corporate for purposes of borrowing funds.
READ MOREIn well-known Home Box Office (HBO) series, Game of Thrones, and the related novels by George R.R. Martin, characters Jon Snow and Maester Aemon often talk about the Wall’s importance in protecting all of Westeros. The Wall is not just the responsibility of the Night’s Watch; it protects the entire realm.
READ MOREIn legal disputes, there are moments when one party resorts to a “kitchen sink” approach, throwing a multitude of technical defences and procedural challenges at a case in hopes that something will stick and possibly delay the inevitable.
READ MOREEskom’s proposed electricity price hike of 36.1% in 2025 looms large over South African households, businesses, and community schemes. If approved, the increase will hit communities already grappling with high living costs and economic strain, leaving many struggling to keep up with rising utility bills.
READ MOREDura lex, sed lex is a Latin phrase meaning “the law is hard, but it is the law”.[1] This legal maxim captures the principle that law must be applied and enforced, even when the outcome may be harsh or regrettable.[2] In Les Misérables, Victor Hugo explores this theme through characters like Inspector Javert, who embodies the unyielding rigidity of the law in contrast to the compassion often needed in justice.
READ MOREIn sectional title schemes and bodies corporate, trustees occupy a critical role. They have to balance their fiduciary duties with the potential personal risks inherent in their position. These risks include financial risks.
READ MOREThe 2019 Cricket World Cup Final between England and New Zealand was marked by an umpiring controversy that left a lasting impact on the cricketing world.[1]
READ MOREThis year, the team at STS once again had the incredible opportunity to visit Care for Wild, the world’s largest rhino orphanage located in the heart of South Africa.
READ MOREAs South Africa bids farewell to load shedding, there’s a new term emerging in the public discourse: water shedding. While it may seem like a distant concern for many, the reality is that water shortages are becoming a significant challenge for the country.
READ MOREIn the world of sectional title ownership, levies are a critical financial mechanism that ensures the proper functioning and maintenance of shared spaces and facilities.
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