Service Information

At CPT we offer a full range of property related products.

These would include, but is not limited, to the following:

        • *Sectional Title Management.
        • *Section 21 Company Management.
        • *Development of Sectional Title and Share-block Units both in South Africa as well as other African states.
        • *Commercial and Residential Letting.
        • *Property and Flat Control.

Services offered by the Sectional Title Team:

Accounting Services

  • Keeping proper book of accounts in terms of Rule 35, of Annexure 8 to the Sectional Titles Act 95 of 1986
  • a record of all monies received and expended
  • a register of all Owners
  • ledger accounts for each and every Owner

Monthly documentation to Trustees

  • Monthly preparation of un-audited statements to Trustees
  • Monthly variance report on expenses versus budget

Payment of Expenses

  • Payment of all expenses after approval by the Trustees
  • Arranging of the annual budget for the financial year
  • Investment of reserve funds of the Body Corporate

Secretarial

  • Safekeeping of records and information
  • Compilation and circulation of letters / forms and notices

Attendance at meetings

  • Attendance at the Annual General meeting
  • Attendance at Trustee meetings [subject to management agreement limitations]
  • Arranging suitable venues for meetings at the cost of the Body Corporate
  • Support and advice to the trustees on all matters relating to the Sectional Title's Act, current Law as well as High Court rulings
  • Assisting in legal requirements for general as well as trustee meetings
©2009 CPT Asset Management - The Competence Group of Companies

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