What A Community Scheme Debt Trap Is and How To Get Out Of It

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Dealing with the finances in a Sectional Title Scheme can be a difficult and uncertain affair, with numerous aspects to consider. Should a Sectional Title Scheme find itself in need of financial assistance, it has a number of options to choose from. Making the right choice for the Sectional Title Scheme can be a difficult and often challenging choice for the members of the Corporate Body and can often lead to the Body Corporate falling into a Debt Trap.

In this episode of Fitzanne’s Property Exchange, Pearl Scheltema talks to Willie Roos, CEO of Stratafin, about what a community scheme debt trap is and how to get out of it.
15 Dec 2021 English South Africa Business

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