WHAT YOU NEED TO KNOW ABOUT LEVIES IN COMPLEXES AND ESTATES IN SOUTH AFRICA It …
WHAT YOU NEED TO KNOW ABOUT LEVIES IN COMPLEXES AND ESTATES IN SOUTH AFRICA It is more important than ever…
WHAT YOU NEED TO KNOW ABOUT LEVIES IN COMPLEXES AND ESTATES IN SOUTH AFRICA
It is more important than ever to understand what living in a complex or gated community entails as more South Africans move away from standalone houses to live behind a boom.
Lucia Erasmus, a real estate law expert at Cliffe Dekker Hofmeyr, provided a breakdown of how body corporates, owners’ associations or mixed-use developments fund levies.
According to Erasmus, a levy is a contribution to common expenses. The two most common types of levies are due to the body corporate of a sectional title scheme and levies imposed by an owners’ association on its members.
https://businesstech.co.za/…/what-you-need-to-know-about-l…/
Comments