Solutions to help your retirement community thrive

At Sectional Title Solutions (STS), we are dedicated to helping community schemes thrive by reducing costs, increasing property value, generating income, and promoting eco-friendliness. Many retirement villages fall under the category of community schemes, either as sectional title schemes or homeowners’ associations (HOAs). Let’s explore the solutions we offer to benefit your retirement community, ensuring quality living for senior citizens and long-term prosperity.

Securing financial stability for retirement communities

Financial stability is paramount for thriving retirement communities, especially in today’s challenging economic climate. Our Funding and Treasury Solutions provide essential support.

Implementing project funding or a combination funding facility acts as a safety net, offering access to necessary funds without sign-up or initiation fees. Interest is only applied to drawn-down amounts, eliminating unnecessary costs when the facility isn’t used. Our revised term funding model now offers even lower interest rates and cheaper loans.

Our Arrear Levy Funding Solution ensures uninterrupted community scheme operations, even when there are defaulting unit owners. Repayment only occurs when arrear levies are recovered, with interest applied to the arrear levy debtor, protecting paying owners from additional expenses.

For financially robust community schemes, substantial reserves are often held in savings or trust accounts. In collaboration with Anchor Capital, STS presents an opportunity to maximize interest yield through innovative Treasury Solution. Funds are invested into selected money market and income funds, yielding higher interest rates compared to conventional savings and call accounts.

Efficient energy solutions for greener and cost-efficient retirement communities

Rising tariffs and power outages are driving homeowners to seek Efficient Energy Solutions. Solar power, a renewable source, reduces utility bills, enhances property value, and cuts carbon emissions. Battery Backup and Storage Solutions provide energy security.

In community schemes, unit owners collectively cover common area energy costs, including pools, lighting, and electric fencing, through levies. Solar power reduces utility expenses and benefits the environment by curbing reliance on fossil fuels and emissions. Resulting savings can lower levies or fund property upgrades, benefiting unit owners.

Retirement villages may hesitate to adopt efficient energy solutions due to the associated costs and complexities. STS simplifies the process with flexible options:

• Electricity Service Supply Agreement (ESSA): In partnership with Bright Light we offer fully-funded Efficient Energy Solutions, including installation, insurance, monitoring, and maintenance. Communities pay only for monthly electricity usage at rates below Eskom’s, accessing cutting-edge solar technology.
• If you prefer to purchase the system outright, our Project Funding Solution allows gradual payments for the system and installation. It comes with flexible terms and no hidden fees, with the only cost being the applicable interest rate.

Elevate retirement living with smart technology

Technological innovations continually emerge, promising increased convenience and safety in daily life. These advancements offer retirees a higher level of comfort, security and connection, significantly enhancing retirement living. Our Smart Technology Solutions not only enhance retirees’ quality of life but also boosts property values in retirement communities.

Fast internet connectivity serves as the gateway to smart home innovations, enabling remote work for retirees and accommodating the growing number of connected devices. This connectivity enhances home security, automation, and overall property value. While fibre to the home (FTTH) is popular, we can also assist with high-speed wireless internet access where FTTH installation isn’t feasible.

A good retirement village should offer top-tier security and care facilities, ensuring residents’ peace of mind. We provide comprehensive safety and security solutions, covering site design, installation, 24/7/365 monitoring, and maintenance. These solutions include:

• Cutting-edge digital Visitor Management Solutions, streamlining visitor registration, enhancing security, ensuring data compliance, and even facilitating emergency evacuations.
• Remote Security and CCTV Surveillance Solutions in partnership with Guardian Eye help keep a watchful eye on the community scheme, keeping retirees safe.

Legal advisory services for community scheme compliance

Navigating community scheme law and management complexities can be daunting. Our Legal Advisory team offers expert guidance and support.

Community schemes come with a host of legal requirements and governance documents. Adhering to these regulations, which cover various types of resolutions and compliance issues, can be perplexing.

Our Legal Advisory team specialises in community scheme law and management, providing expert guidance and advice. Our key Legal Advisory Services include:

• Compliance with community scheme laws and regulations.
• Assistance with complex issues related to levy collections, governance, and compliance.
• Expert opinions on governing legislation, trustee powers, meeting types, resolutions, penalties, fines, and more.
• Advice on specialised matters, such as renewable energy installations and managing agent roles.

Transforming communal spaces with eco-friendly Outdoor Advertising Solutions

Enhance your retirement village’s common property areas, boost property values, and generate extra revenue with fully funded, eco-friendly outdoor advertising infrastructure. In partnership with STS Outdoor (Pty) Ltd, we offer park benches, picnic benches, jungle gyms, waste bins, and more.

Residents benefit from improved shared spaces and common property areas become more attractive, drawing prospective buyers. When possible, selected advertising partners place ads on this infrastructure, generating upfront revenue.

By opting for recycled plastic outdoor furniture and infrastructure, your community scheme can combat plastic pollution while enjoying durability and low maintenance. These sustainable solutions outlast traditional wood, providing long-term benefits. STS Outdoor provides insurance, maintenance, and servicing throughout the agreement period, replacing outdated or damaged infrastructure at no cost.

Why choose us?

We are committed to fostering prosperity for communities and optimising property investments in your retirement village. Partner with STS to navigate financial challenges, elevate property values, and create prosperous, sustainable environments for your retirement community’s secure future.

Explore our suite of solutions and contact us for a free consultation to discover how STS can empower your retirement community to thrive.