PMR (Prescribed Management Rule) 10 (1) Stipulates the following regarding Body Corporate Documents: ‘No document signed on behalf of the body corporate is valid and binding unless it is signed on the authority of a trustee resolution by — (a) two trustees or the managing agent, in the case of a clearance certificate issued by […]
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Fiduciary Duties of Scheme Executives (Trustees’)
Importance of Fiduciary Duties of Scheme Executives (Trustees) in Sectional Title Schem
Continue ReadingSelecting a Managing Agent – Tick the Important Boxes!
It is crucial to make informed decisions when selecting & appointing a Managing Agent, to ensure correct and efficient management of the scheme, in line with the Sectional Title Schemes Management Act, and in the best interest of all owners. Strictly speaking, Managing Agents take instructions from the Scheme Executives (Trustees), however a Managing Agent […]
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