Collecting Arrear Levies
Collecting Arrear Levies: A New Risk for Your Body Corporate
“… the difficulty experienced by bodies corporate in collecting arrear levies is not a novel one. It is part of a ‘socio-economic problem’” (extract from judgment below)
Levy collections are the life blood of sectional title schemes, and collecting them is likely to get harder with the economic fallout from our downgrade to junk status. more…
CASH FLOW PROBLEMS / DEBT RIDDEN SOUTH AFRICANS
CASH FLOW PROBLEMS / DEBT RIDDEN SOUTH AFRICANS
Anna Rosenberg, senior policy adviser at the Association for Saving and Investment SA: more…
Cash Flow provided for Business Venture
CASH FLOW PROVIDED FOR BUSINESS VENTURE
Mr M, a gentleman of 76, approached Certus Property Solutions for start-up capital for his transport venture. more…
NEGLECTED INHERITED PROPERTY
NEGLECTED INHERITED PROPERTY
Two brothers inherited a property from their grandparents, and could not maintain the upkeep of the property.We were fortunately able to stop legal proceedings in the judgement stage, more…
PROPERTY NEGLECTED BY TENANTS
PROPERTY NEGLECTED BY TENANTS
Ms N owns a 3 bed roomed simplex in Buccleuch, but unbeknown to her, the tenants have not maintained the levy payments (which includes the municipal utility charges). more…