Communal Living Schemes
Why use a managing agent?
The increase in communal living developments in South Africa in recent years, specifically sectional title and cluster developments, has highlighted the importance of effective scheme management. Effective financial and general management protects your property investment and encourages harmonious communal living.
Most property owners appreciate that managing a scheme is like managing a business. It requires specific skills, utmost responsibility and, not least of all, time - a lot of time. It is very unusual to find trustees who are prepared to take up the considerable responsibility and substantial workload involved in managing the affairs of their body corporate or homeowners association without compensation. This is a long-term commitment that requires dedication and specialised legal, insurance and financial knowledge, among other things. Therefore, most bodies corporate and other similar controlling bodies elect to appoint a professional managing agent such as Terblanche Total Property Solutions.
These days the range of managing agency clients has increased to include not only sectional title schemes but also share block schemes, retirement housing schemes, group and cluster housing schemes (often referred to as ‘gated villages’ controlled by a homeowners association), city and residential improvement districts created voluntarily and under local authority by-laws as well as time-sharing schemes.
What can we do for your scheme?
A managing agent is appointed by the controlling body of a communal living scheme to render management services to that controlling body. The managing agent is therefore the agent of the controlling body performing various administrative, secretarial and financial functions. The controlling body remains ultimately responsible for the full and proper management of the property. This is why it is important to choose your managing agent well.
Terblanche Total Property Solutions offers a full range of management services to assist controlling bodies. Our systems are state of the art so that we can add value to your scheme in the long-term. A scheme that is professionally managed and running smoothly will remain attractive for property buyers and ensure the growth of your investment. Of course, those people living in the complex will also have peace of mind knowing that their home is well managed.
CLICK HERE for our standard list of services. Many bodies corporate or homeowners associations require a more comprehensive service depending on the specific requirements of the scheme.
Terblanche Total Property Solutions can tailor a solution to suit your specific needs. CLICK HERE to contact us.
The increase in communal living developments in South Africa in recent years, specifically sectional title and cluster developments, has highlighted the importance of effective scheme management. Effective financial and general management protects your property investment and encourages harmonious communal living.
Most property owners appreciate that managing a scheme is like managing a business. It requires specific skills, utmost responsibility and, not least of all, time - a lot of time. It is very unusual to find trustees who are prepared to take up the considerable responsibility and substantial workload involved in managing the affairs of their body corporate or homeowners association without compensation. This is a long-term commitment that requires dedication and specialised legal, insurance and financial knowledge, among other things. Therefore, most bodies corporate and other similar controlling bodies elect to appoint a professional managing agent such as Terblanche Total Property Solutions.
These days the range of managing agency clients has increased to include not only sectional title schemes but also share block schemes, retirement housing schemes, group and cluster housing schemes (often referred to as ‘gated villages’ controlled by a homeowners association), city and residential improvement districts created voluntarily and under local authority by-laws as well as time-sharing schemes.
What can we do for your scheme?
A managing agent is appointed by the controlling body of a communal living scheme to render management services to that controlling body. The managing agent is therefore the agent of the controlling body performing various administrative, secretarial and financial functions. The controlling body remains ultimately responsible for the full and proper management of the property. This is why it is important to choose your managing agent well.
Terblanche Total Property Solutions offers a full range of management services to assist controlling bodies. Our systems are state of the art so that we can add value to your scheme in the long-term. A scheme that is professionally managed and running smoothly will remain attractive for property buyers and ensure the growth of your investment. Of course, those people living in the complex will also have peace of mind knowing that their home is well managed.
CLICK HERE for our standard list of services. Many bodies corporate or homeowners associations require a more comprehensive service depending on the specific requirements of the scheme.
Terblanche Total Property Solutions can tailor a solution to suit your specific needs. CLICK HERE to contact us.
