Navigating trustee issues in sectional title communities

[NinoAlex]

Auditors have presented financials that were a shambles and, because the AGM was not held when it should have been, the new Trustees were expected to sign off on numbers that fell under the ambit of the old Trustees. (AGMs must be held within four months of the end of the financial year, which runs to the end of February each year.)

 

[chrisc]

When a complex in which I own 3 units was managed by Steer and Co, it was like this for 8 years

They appointed Annette Laing Property Consultants and it is now run like clockwork

The old managing agent allowed owners to fall 3 or 4 years behind with their levy. More than R1m was owing. Two ended up in court thereafter and were compelled to pay arrears + interest

 

[NinoAlex]

How are they collecting levies now?