Share Block Rules vs Sectional Title Rules скачать в хорошем качестве

Share Block Rules vs Sectional Title Rules

We collectively discuss the distinctions between Share Block rules and Sectional Title property rules in South Africa, highlighting their respective legal frameworks, financial implications, and management structures. While Share Block involves owning shares in a company that possesses the property, granting usage rights, Sectional Title provides direct ownership of a specific unit and a shared interest in common areas. The texts further clarify the processes and considerations for converting Share Block schemes to Sectional Title, discussing rules, and direct owner control over the property's management. They also detail the roles of company directors versus body corporate trustees and the rules governing each property type, including levies, resolutions, and maintenance responsibilities.