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Ten year maintenance plans for sectional title management schemes in South Africa

The Sectional Title Schemes Management Act, Promulgated 11 June 2011, Effective 7 October 2016 is applicable to the following types of shared use, responsibility or accountability of land and/or buildings:

· Sectional titles development schemes
· Share block companies
· Home or property owners associations
· Housing schemes for retired persons
· Housing co-operatives
· Gated Villages with a Constitution
· Social Co-operatives
· Shopping malls with shared ownership

Brief summary of rules and regulations with regard to the ten year maintenance plan:

The reserve fund:

  1. If less that 25% of the total contribution to the Admin Fund the contribution must be 15%
  2. If equal or greater than 100% of the total contribution to the Admin Fund – Nil contribution
  3. If more than 25% but less than 100% of the total contribution to the Admin Fund at least amount budgeted to be spent from the administrative fund on repairs and maintenance to the common property

What if the reserve fund balance is zero?

The logical solution is that a savings plan must be installed for maintenance of a capital nature, normally not provided for in the Admin Fund.

Management rule 22:

  1. Major capital items expected to require maintenance, repair and replacement within the next 10 years;
  2. present condition or state of repair of those items;
  3. point in time when those items or components of those items will need to be maintained, repaired or replaced;
  4. estimated cost of the maintenance, repair and replacement of those items or components;
  5. expected life of those items or components once maintained, repaired or replaced; and
  6. any other information the body corporate considers relevant.

The first call for ten year maintenance plans was already in 2017!

We provide the full service:

  • We provide ten year maintenance plans for all types of community property complexes in South Africa.
  • We provide the full service within the borders of Gauteng, by doing the property site inspections ourselves, in collaboration with an appointed member. The price will normally depend on the size, age and preventative maintenance condition of the complex.
  • We also empower persons in all provinces to provide a full service, with our package of three mentoring products (the software, the training manual and the MS Excel training manual).
  • We use state of the art software, which we have developed for this purpose.
  • We also have self-training courses for complex members interested in providing this service.
  • We have already completed several ten year maintenance plan projects, including shopping malls and high rise multi-floor flats.
  • Please request a quote in an e-mail to us, mentioning the complex name, quantity of units and physical address location in South Africa.

Service offer – Inside South African borders:

We provide the full service required for ten year maintenance plans inside South African borders.

When we render this service for a second time, there will be a discount, because of previous data technicalities already in our database.

View this ten year maintenance plans slideshow of 8 slides:

The following documents will be needed:
Audited financial statements for the previous financial year.
Administrative/operating budget for the new financial year.

One or more mutual maintenance consultations and inspections may be necessary to initiate the process of compiling a ten year maintenance plan.

We can also provide a Memorandum Of Incorporation for a Home Owners Association, if needed.

Please request a quote in an e-mail to us, mentioning the complex name, quantity of units and physical address location in South Africa.

We are now also extending this service to all provinces in South Africa. See the video below:

See the Ombudsman website here: https://csos.org.za/

 

Save money for your community members! We have become famous for the lowest service fees in South Africa!

Masters in Business Leadership SAQA NQF 9 – University of South Africa -1982

Members of a Body Corporate and Managing Agents of housing complexes are welcome to request quotations from us. Just request a quotation in an email to us.

Initially only the following information will be needed:

  1. Complex name
  2. Complex physical address
  3. Complex completion date
  4. Complex number of units
  5. Complex type

Request a quotation from us on this page.

We have provided numerous plans for clients since 2017. Our prior experience in building construction, combined with wisdom gathering over the past couple of years of providing ten year maintenance plans, have turned us into experts. We take pride in offering our superior knowledge and expertise in administrative and technical matters at lowest service fees.

What is the purpose of a ten year maintenance plan?

It means timely identification of building structure parts in need of rectification before those parts grow into more serious and costly deterioration later on. In other words, to avoid and save on higher unit owner levies later on. It is also known as preventative maintenance.

We go the extra mile. Those who make use of our services also get the following for free:

We try to make life easier for Parents and their children living in community housing complexes. 

Request a quotation from us on this page.