Examples of Sectional Title Schemes in a sentence
The Management Rules contained herein are the rules prescribed in terms of Section10(2)(a) of the Sectional Title Schemes Management Act, No 8 of 2011 (the Act) as added to by the Developer in terms of Section 10(3) of the Act, read with Regulation 6 to the Act.
The determination of a Sectional Title Body Corporate service address in terms of the Sectional Title Schemes Management Act, 2011 (Act 8 of 2011), as amended.
This paragraph will not apply to Developers in respect of Sectional Title Schemes.
These Conduct Rules, the provisions of section 13 of the Sectional Title Schemes Management Act, No 8 of 2011, as amended from time to time, are applicable to and binding upon the trustees, the manager (if so contracted), the managing agent (if so contracted), and all owners, tenants (lessees), and other occupiers of sections.
The Developer is also the registered owner of the undeveloped Sectional Title Properties, which it intends to develop with the creation of Sectional Title Schemes consisting of separate Bodies Corporate in respect of each such Sectional Title Property.
The Managing Agent’s duty, (if any), to invest trust money as contemplated in section 32(2)(a) of EAA Act (112 of 1976) and the Regulations contained under Section (21)(d) and (4) as defined in the Sectional Title Schemes Management Act and Regulations, Act 8 of 2011.
The maintenance of the exterior of all Units in Sectional Title Schemes is to be carried out by the respective Bodies Corporate, the cost of which will be included in the levy payable to the Bodies Corporate.
It is intended that all the Residential Erven and the Sectional Title Schemes will be integrated to constitute a single security Complex to be served by the same security features such as a surrounding security wall and controlled entrance and all Owners will accordingly be entitled to utilise and enjoy such Common Areas and Services, all in terms of the Conduct Rules and Regulations forming part of the Constitution.
Align activities with university research strategic initiative(s): The committee will contribute to the University’s strategic plan as needed, review and contribute to developing policies that will describe and direct research resource allocations, and coordinate lectures from nationally and internationally distinguished lecturers.
The trustees of the Sectional Title Schemes, by attaching their signatures to this document, agree that its contents are binding on all parties and accept the responsibility of obtaining indemnity from all owners and residents.