Industry Frequently Asked Questions
Here you’ll find all the answers to your questions about the property industry and other related content.
It allows individual ownership of part of a property (called a “section”, which is generally an apartment or townhouse) and joint or shared ownership of all the other areas (called the “common property”, which includes the driveway, gardens, foyers, lifts, stairways, roofs, etc.).
Every section is allocated a “participation quota” that determines the size of the share in the common property that is co-owned by the owner of that section.
Every owner is a member of the “body corporate”, which is a legal entity that exists to control, manage and maintain all the common property. Often a “managing agent”, being a person who professionally manages sectional title properties, is employed to manage the common property on the body corporate’s behalf.
Sectional title developments can be residential, commercial, retail, mixed use (eg. commercial and residential), serviced apartments, retirement villages, caravan parks or resorts.
Each owner must be a member of the HOA so that they are bound by the governance documentation to ensure that they are legally liable to make contributions towards the HOA communal costs and abide by the other rules applicable to the estate.
The CSOS is an organisation provides an alternative and affordable dispute resolution service for parties in a community scheme. Members of a community scheme have the right, after having exhausted all internal dispute resolution mechanisms, to lodge an application with the CSOS for conciliation and adjudication.
CSOS also promotes good governance of community schemes by developing and implementing appropriate guidelines to enhance stability and harmonious relations amongst the parties.
Educational campaigns to educate and train stakeholders within community schemes and the public at large will also be offered via CSOS.
Community Schemes can download the Form, fill in the details, attach the required Annexures and email to firstname.lastname@example.org or hand deliver at of any of the CSOS offices.
Please see our resource library: