Property Management
(Sectional Title & Home Owners Associations)
The Power Property Group, a leading management company in South Africa, managed and owned by Deon & Suzette van Zyl, have combined property knowledge of over 30 years. Managing your Sectional Title Complex or Home Owners Association is a complex process and full legal knowledge is of the utmost importance.
Successful management of a sectional scheme andProperty Management Home Owners Association takes up a lot of time and requires extensive knowledge of the Sectional Titles Act, management and conduct rules and The Companies Act and other rules that govern the way in which schemes are run. Most trustees/directors in self-managed schemes lack the knowledge, causing them to take decisions that often result in expensive and far-reaching consequences. Introduction of arbitration as the prescribed method of resolving disputes within sectional schemes has exposed many schemes that are not run within the terms of the Act and rules.
As seasoned Property Managers, we will assist the directors/trustees and owners in the entire day to day management, turning the management process in a pleasurable experience.
“Property Freedom !! People you can Trust !!”
We specialise in Property Management. Certificates in Sectional Title Scheme Management and Home Owners Association Management can be viewed at the Testimonial and Certificate area.
We give our 100% guarantee promise in doing the following services:
First Meeting
- We will assist the developer in the planning of the first meeting and have all relevant documentation ready at the first meeting.
- Make sure all processes at the meeting are according to the relevant Acts and Rules.
- Assist with the first Budget of income and expenditure.
- Open the Sectional Title Scheme or Home Owners Association bank account.
Collection of levies
- Billing and distribution of monthly levy charges.
- Collection of monthly levies.
- We do have a debit order facility as well for levy collection.
- Follow up on unpaid levies.
- Follow up with attorneys appointed for legal action.
Financial & Secretarial services
- Preparation of the Annual Budget of income and expenditure.
- Meet with trustees/directors and discuss the budget before a meeting.
- Payment of approved expenses and salaries.
- Circulate monthly financial documents to trustees/directors.
- Prepare the annual financial audit file for the auditors.
- Invest surplus money if approved.
- Prepare and circulate notices to owners/bondholders for meetings.
- Attend meetings
- Prepare and circulate trustee/directors meetings.
- Attend Trustee meetings.
- Advise on meetings to make sure owners and trustees act according to the relevant acts, rules and regulations.
- Liaise with maintenance contractors
- If needed, use flexi scheme managers to check on cleaners, security, pool etc.
- Handle all insurance claims.
- Access to all acts, rules, financials at Sectional Title & HOA Managers.
- Any other functions the trustees/director negotiates with us.
Relax, we will make the Property Management of your scheme a pleasurable experience !!!
