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10-Year Maintenance Plan Template

Mirfin’s 10-year maintenance, repair and replacement plan template revolutionises property management for trustees and managing agents by offering a hassle-free, efficient solution to an often complex and time-consuming task. This innovative tool allows users to effortlessly generate a comprehensive 10-year plan in a matter of minutes, without the need for specialised accounting skills. Click here […]

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Calculating Body Corporate Levies: A Comprehensive Guide

In the previous post, we addressed the most frequently asked questions regarding sectional title levies (read it here). In this post, we’ll explain how bodies corporate calculate these levies. Setting levies without bias When calculating sectional title levies, it is crucial to make impartial decisions. The process of determining body corporate levies should be transparent […]

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Sectional Title Levies: Comprehensive Answers for Trustees and Managing Agents

What are body corporate levies and why are they important? In sectional title ownership, a body corporate is responsible for the management and maintenance of the common areas and facilities within a development or complex. Alongside the body corporate’s obligation to establish a thorough 10-year maintenance plan, each individual owner of a sectional title unit […]

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How to create a 10-Year Maintenance, Repair and Replacement Plan

The reserve fund, admin fund and levies all play an important role in creating a successful and sustainable 10-year maintenance, repair and replacement plan for bodies corporate and homeowners’ associations.  The admin fund is used for day-to-day expenses such as repairs and maintenance, while the reserve fund is set aside for major expenses that are […]

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