Fitzanne Estates Fitzanne’s Property Exchange

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

--:--
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

Other recent episodes

Being a scheme executive is EASY!

As Sectional Title Schemes continue being a popular choice for home ownership in South Africa, the role of a scheme executive has never been more critical. In this episode of Fitzanne's Property Exchange, we look at the complex responsibilities and legal nuances that come with managing a community scheme effectively…
19 Jun 40 min

Managing Holiday Stress in Community Living Spaces

In this episode of Fitzanne's Property Exchange, hosted by Pearl Scheltema, we explore the challenges of communal living during the holiday season. Our guests, Zerlinda van der Merwe, Co-Founder and Director at TVDM Consultants, and Willie Roos, CEO at Stratafin, provide expert insights into managing common disputes in community schemes…
22 Dec 2023 24 min

Everything you need to know about solar in Sectional Title Schemes

Installing solar energy in Sectional Title Schemes in South Africa can be challenging due to several factors. Despite these challenges, there is growing recognition of the benefits of solar energy in South Africa, including reducing dependence on fossil fuels, lowering electricity costs, and promoting environmental sustainability. Efforts are being made…
2 Jul 2023 21 min

Key Insurance Considerations for a Body Corporate Before Installing Solar Panels

As a result of the ongoing problems with load shedding, many sectional owners are looking into alternative and renewable energy options such as solar panels to reduce the impact of load shedding on their homes. A common question, therefore, being raised by sectional owners is whether they are permitted to…
12 Jun 2023 31 min
All episodes