What do I own in a Sectional Title Scheme?
The owner acquires the title to a section and an undivided share of the common property and buildings. The owner may also have exclusive use rights to a portion of the common property. The registered exclusive use areas will also appear on the title deed. The sale of a Sectional Title Property is registered at the Deeds Office.
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Useful Sectional Title terms
Residential Sectional Title Scheme A residential building or group of buildings where owners own "sections" of the building. Example: Block of flats or apartments; Townhouse Scheme. Section The internal space of the unit consisting of the windows, ...
Requirements of living in a Sectional Title Scheme
Every resident living in a Sectional Title Scheme must abide by the rules of the Scheme, which are structured to ensure harmonious communal living. Every resident living in a Sectional Title Scheme must abide by the rules of the Sectional Title ...
How Sectional Title differs from Full Title
As the owner of a Sectional Title Property, you have bought a share into a communal development which involves communal living. You share a number of benefits with your fellow owners, for example, the swimming pool, security service, gardens, ...
Understanding Damp Coverage Under Sectional Title Insurance
In general, damp issues are not covered under sectional title insurance policies. While “damp” is commonly understood to mean “slightly wet” and often causes discomfort, it specifically refers to structural damp, which is the gradual penetration of ...
Scheme Maintenance
The Body Corporate appoints the Trustees to manage the affairs of the Scheme. In some instances, they may appoint a Caretaker or Estate Manager to take care of the maintenance of common property areas. Maintaining the common areas is a major part of ...