Special Levies

I think it's rather insane wanting everyone to paint their own place. can you just imagine different perople doing it at different times, and then some not doing it because they don't have the money...

And lets not forget the common-use area's.

You need to get someone professional to do the complex, and who will guarantee their work and come back and fix any snag list. plus use decent paint.

Just need to make sure their are no kick-backs between managing agent and painter.

i never said give each one they own paint and bla bla

i said get one guy to do the job , the same guy can get quality paint and bla bla ..but doesnt cost an arm and a leg like the contractor who wants money for himself and then for his workers
 
HOA is mafia scum thieves. Proadmin even bigger thieves.
 
The expenditure one might me in relation to the new rules complexes have to conform to. It basically boils down to that you must have x cash available for maintenance and if you don't you must pay y levy.
this
 
Count yourself lucky. Our levies increased by more than double in 1.5 years, and since we didn't have money to pay up fully every month, we fell into arrears and they had the nerve to threaten us with legal action.

Yes, you must watch out for this. There is no mercy in our complex. Three notifications to say you in arrears over two to three months. If you ignore this or don't make an attempt to do some sort of payment. Handed over to the lawyers straight away. We even up'ed the interest on the outstanding fees to 18%.

One person in our complex owes R66k (the highest levy payer too). She is scooping all the rental money. Claims she is out the country bla bla. 1.5 yrs later, court rules in our favor. The unit will be auctioned. We also had to get a court order for the tenant to pay the lawyers and they would split the money. The tenant signed and then defaulted on the second payment etc. He will now be listed and any bond or financial application will be flagged for that tenant... idiot... and he's a young Dr...

Another delay came from the boy friend at the time. He slowed things down by trying to buy the unit at the first auction and then claimed no he is not paying the outstanding levies. This obviously means the unit cannot transfer.
 
Trustees cannot pass special levies on their own. It needs to be voted at an AGM or SGM ,
Trustees can however use funds that has been budgeted for a certain purpose for another purpose. E.g Budget for maintenance of pool funds can be used to repair roofs for instance , this is usually done in an emergency type situation.

Bollox
 
HOA is mafia scum thieves. Proadmin even bigger thieves.

you do understand that if you are in a complex you are a member of the HOA so are you also a mafia, scum thief?

So the home/unit owners are all mafia scum thieves? If you as a home owner are not happy, get involved...

the usual guys always complain but refuse to do anything
 
This is what happens when you take very little interest in the affairs of the Body Corporate.

I actually used to be the chairman of the board but moved overseas which makes it hard. Don't assume it makes an ass of you. Although I shouldn't take anything you say seriously after your car saga.

Anyway, thanks everyone for the replies. The managing agent has finally furnished me with the details as requested. I see they did slightly drop the levy for the capital expenditure which is partly to do with the 25% reserve as well as a boost to body corporate savings for special projects in the future which includes the 10 year plan.

I don't agree with all the other charges like common property elec etc as this basically increased the monthly cost by R400 a month. At the end of the day it's extra costs passed on to the tenant unfortunately.
 
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Trustees cannot pass special levies on their own. It needs to be voted at an AGM or SGM ,
Trustees can however use funds that has been budgeted for a certain purpose for another purpose. E.g Budget for maintenance of pool funds can be used to repair roofs for instance , this is usually done in an emergency type situation.

Unfortunately that is not true. As long as the trustees agree on it and it is deemed necessary to fix now and not later and there is no specific line item in the budget to cover the expense they can institute a special levy.

On top of this which I found interesting is that if there is a special levy in place when you sell your unit, you can be denied levy clearance until you settle the balance of that special levy as the new owner is not responsible for any legacy special levies.
 
@vampire
snip

To be fair the managing agent is very good and helped us a lot but they really dropped the ball on getting the info on this matter across properly. The main problem being that they don't send out the minutes of the AGM via email and they just didn't reply my request for 2 months.

As I live overseas I cannot attend AGMs and don't get the info of what is discussed while there so the minutes is all I have to go by and by them not detailing each point in the new levy statement I am left clueless.

As to what the robot fees are I have no idea still. Read through the minutes last night but this what not documented so I have to follow up. Sounds like we are covering municipality electricity unless they decided to setup a robot in the middle if the complex which I doubt.
 
I actually used to be the chairman of the board but moved overseas which makes it hard. Don't assume it makes an ass of you. Although I shouldn't take anything you say seriously after your car saga.


says the guy who can't get any real answers about the Body Corporate he was a chairman of

makes sense
 
To be fair the managing agent is very good and helped us a lot but they really dropped the ball on getting the info on this matter across properly. The main problem being that they don't send out the minutes of the AGM via email and they just didn't reply my request for 2 months.

As I live overseas I cannot attend AGMs and don't get the info of what is discussed while there so the minutes is all I have to go by and by them not detailing each point in the new levy statement I am left clueless.

As to what the robot fees are I have no idea still. Read through the minutes last night but this what not documented so I have to follow up. Sounds like we are covering municipality electricity unless they decided to setup a robot in the middle if the complex which I doubt.
Get your tenant to stand as trustee...

According to the changes he can stand as trustee. Hell I could even be a trustee there or the hobo onna street corner too - with enough votes or at least not votes against me it can happen.

So you could be a trustee from over there but that would be difficult.
 
Whether right or wrong (I'd argue the latter), even with the old rules and STA, they most certainly can, I even know a few who are.

Thats shocking to hear ! I personally think an owner must only be on the trustee board ! That's my 2c
 
Thats shocking to hear ! I personally think an owner must only be on the trustee board ! That's my 2c

True, but there are many reasons for trustees to increase numbers from other sources. Sometimes tenants have special skills that they need, many times owners are absent / don't care / don't attend meetings / don't do the job of being a trustee / zero output / don't have time. And many owner trustees are in it for their own selfish reasons, cannot spell the phrase "fiduciary duty". Ideally one would want the majority of trustees to be resident owners, in many schemes this is simply not the case. In these schemes, sometimes where over 90% of residents are tenants, there are benefits to having resident trustees.

I would say that there needs to be a balance, or perhaps make an "honorary trustee" role that does not have a voting right for financial matters.
 
True, but there are many reasons for trustees to increase numbers from other sources. Sometimes tenants have special skills that they need, many times owners are absent / don't care / don't attend meetings / don't do the job of being a trustee / zero output / don't have time. And many owner trustees are in it for their own selfish reasons, cannot spell the phrase "fiduciary duty". Ideally one would want the majority of trustees to be resident owners, in many schemes this is simply not the case. In these schemes, sometimes where over 90% of residents are tenants, there are benefits to having resident trustees.

I would say that there needs to be a balance, or perhaps make an "honorary trustee" role that does not have a voting right for financial matters.

in a nutshell A tenant can be a trustee (with full duties of a trustee) as long as the majority of the trustees are owners .
 
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