Finding the right staff is important but, unless you know exactly what you are looking for, you cannot accurately assess and evaluate a candidate during the selection process. There are plenty of things you can easily forget to assess when interviewing for new talent. It is not just skills and experience, but also soft skills, traits, personality, ambition and – most important – cultural fit. These factors are harder, but not impossible, to assess and if you pay attention to this, you increase your chances of finding, and more importantly retaining the best candidate for the job.
Great movie, and an awesome title. But I would have done it the other way round – the Ugly, the Bad and the Good. OK, it doesn’t roll off the tongue quite as well, but it’s a better way to approach life – that way you end on a positive note. But I digress, this article is about life right, not about movies.
Property buyers and sellers are facing uncertain times during the COVID-19 pandemic. Buyers who are accustomed to a regular salary cheque are concerned that they will no longer qualify for a home loan, as many consumers face the dire reality of a salary cut, retrenchment, or shorter working hours. All these events can result in a substantial reduction of income.
Some residential estates are very big so it can be difficult to know what’s going on, especially in the wilder sections. Even if your estate is not strictly a wildlife estate, it’s important to know the condition of the veld and the health – or otherwise – of animal communities. The old adage – if you can’t measure it, you can’t manage it – is particularly true here. And, surprisingly, there is a fantastic app that you can download for free that will do just that.
Interesting how people who will spend hundreds of rands on a carefully selected bottle of wine will happily grab a bag of pre-ground, almost certainly stale, coffee to serve after the meal – probably with an elegant potstill brandy or a cognac. It’s taken us a while to learn about wine, but we’ve only just started the coffee learning curve.
Permaculture is one of those words being bandied about as possibly the only way to save the planet, and to slow down or prevent the demise of humanity. Well, that’s probably a bit over the top, but it is a revolutionary way of looking at how we relate to our world, and – who knows – it might just save the planet after all. Whether you are developing an estate from scratch, managing an existing estate, or just wanting to decrease your personal carbon footprint, permaculture principles can increase efficiency and save costs.
A development is not a residential estate – it’s a place with houses in a greater or lesser stage of completion. But there comes a time when the developer steps out and the homeowners association steps in – and from that moment, the estate becomes a community – a place where people live.
Good news for property buyers, but even better news for property developers and sellers. The affordability ceiling for first-time buyers who qualify for a FLISP subsidy has been increased from the previous average home loan amount of R 680,000.00 to R 870,000.
The introduction of the National Credit Act had an immediate impact on the approval of credit agreements. The affordability factor, which is the capability of a debtor to pay back a loan became, the lender’s primary focus of a lender before granting a credit facility. Lenders are imposed with severe penalties if found guilty of risky lending but, as the market experienced a major decline in home loan approvals, there was an unsurpassed increase in unsecured lending. Capitec Bank is a prime example of expansion of unsecured lending, and African Bank is an example of a lender that was almost sunk as a result of risky lending practices.
At a press briefing on Thursday 30 April, basic education minister Angie Motshekga announced that – if all goes according to plan – school admin staff would go back to work on 18 May, and Grade 7s and Grade 12s may return to school on 1 June. It sounded nice, but it’s really not that simple, and – as at 18 May – it doesn’t look as if that timeline is going to pan out. But, more importantly, how and when will our children return to schools, and will they be safe when they do?
Once municipal water enters the estate, it is reticulated through a network that has been built by the original developer and is maintained by the HOA. All’s fine and good but, if the estate management decides to provide on-site storage to, for example, ensure regular supply, they stray into a grey area of the law, and may be liable to prosecution.
On 15 March 2020, in terms of Section 3 of the Disaster Management Act 57 of 2002, the Covid-19 pandemic was classified as a national disaster, due to its potential severity and magnitude. Pursuant thereto, on 29 April 2020, the Risk Adjusted Strategy Regulations were published. These Regulations can be made available upon request.
Trout are originally from the northern hemisphere, but they are a highly sought-after species for epicureans and anglers alike, so they have been introduced worldwide. Their popularity as a fly-angling species makes their introduction into dams or lakes well worth considering. But consider carefully.
COVID-19 has had a massive impact on how we interact with others. This impact is particularly felt by essential services staff, who have to continue working despite unsafe conditions. We examine the dangers of COVID-19 to estate security staff, and what companies are doing to keep both their clients and workers safe during this uncertain time.
We hope that the increased police and army presence on our streets means that we’re safer from crime as well as the Corona-19 virus during the lockdown. But there will always be those opportunistic thieves that take a chance, so here are some tips from Trellidor to help you stay safe while home during the lockdown.
Whether you have a fully kitted out home office or are just working from a cleared section on the kitchen counter, you’re likely to have had numerous virtual meetings by Skype, Microsoft Teams, GoToMeeting or Zoom. And by now you’re probably sick of the virtual thing and longing for some human-to-human face time. But regardless of what we want or need, the normal we once knew is no more, and a new normal awaits.
Employers – including HOAs – must provide a safe workplace, even if that means insisting on disease tests for employees. During the early stages of the COVID-19 outbreak, cruise ships turned into living, floating laboratories for scientists studying the disease. With their close confines and high proportions of older people (who tend to be more vulnerable to the novel coronavirus), combined with their lack of access to the outside world, cruise ships were – tragically, in some cases – the perfect incubator.
When conflict arises, it can result in stress. And, when stress levels increase, so does the likelihood of conflict and confrontation. But, remember, if you’re feeling stressed, chances are that your residents and home owners are feeling much the same. It’s a vicious circle that someone has to stop – and that someone is you. So how can you be the tough guy, and make those hard calls, while still being understanding and kind?
The construction industry has the potential to create employment opportunities to cushion the impact of an anticipated increase in unemployment in the immediate aftermath of the current nation-wide lockdown. This is according to a submission made by the Construction COVID-19 Rapid Response Task Team (CCRR19TT) to motivate for a phased reactivation of the Construction Sector. The task team is a body representing major organizations in the sector including contractors, property developers, construction professionals, suppliers, and service providers.
The crisis we are going through is unprecedented in our lifetime – even in living memory. But it’s not unprecedented in the history of the world and, almost invariably, this kind of crisis leads to immense social, technological and philosophical change. The one thing we can be sure of is that life after COVID-19 will be different, but we can’t be sure of the form that difference will take. So it’s up to us to decide how we want to change, and how we want to live in the future.
Johannesburg lays claim to being the largest artificially cultivated urban forest in the world, which is great, even if it’s not entirely true. It’s great because it instils a sense of pride in the trees of the city, encouraging citizens and authorities alike to nurture them, and to plant more. And the Soweto Greening Project is extending that tree-planting spirit with – so far – more than 200,000 trees having been planted in Soweto. Not surprisingly, cities worldwide are becoming more and more creative in their greening efforts, with possibly the most spectacular of these being the innovation of vertical forests. Would this be a good idea here too?
We all want to know that our homes are secure, and that our families are safe, but we also don’t want to feel that we’re living behind prison bars. So we got together with Peter Rawson from Trellidor to find out about their latest offerings.
If you own, live on, or are developing a piece of land of significant natural value, you will need to come up with a way of ensuring that you manage it responsibly – and the best way to do that is to think beyond your boundary fence. The plants, soil, birds and animals don’t recognise title deeds, so managing for nature requires thinking outside of the strict ownership model of land use.
Conradie Park, a new mixed-income, mixed-use housing development in Cape Town, has been launched for sale to the public. Its marketing campaign lauds its ‘affordability, sustainability and security’, but how exactly will it be funded and maintained in the long run?
Corporate social investment is a great way for companies – and for estates – to give back to the community. But, while any CSI is a good thing, there is a huge difference between merely diverting funds to a good cause and actually getting involved with the community on a person-to-person basis. The former – at best – improves living standards for the target community, while the latter builds real relationships that can grow into an ongoing circle of benefit.
Under capitalism, the argument goes, it’s every man for himself. Through the relentless pursuit of self-interest, everyone benefits, as if an invisible hand were guiding each of us toward the common good. Everyone should accordingly try to get as much as they can, not only for their goods but also for their labour.
As South Africa becomes more water-stressed, many home owners and estate managers are considering replacing lawns with artificial turf. Each option has its advantages and disadvantages, so you need to look carefully at how the two options stack up against each other in terms of eco-friendliness, durability, and convenience.
Marina Costas of BBM Law is offering free telephonic or Zoom 30 min conversations from Thursday the 2nd of April until the end of lock down from 11 am – 1 pm. All Trustees can join one meeting and ask top of mind questions around the implications and requirements of the lockdown on Sectional Title Schemes.
We are moving into uncharted territory with the countrywide lockdown, with many people not entirely sure what is and is not allowed. And, for people living in residential estates, the additional question arises: ‘Where does my home begin and end?’ We asked Marina Constas, a director of BBM Law, to clarify some widely held concerns and uncertainties.
Okay, it’s official. COVID-19 is a pandemic – and it’s caused a national and international emergency. This is serious, and – yes – there is a risk of contracting the disease, and even of dying from it. But is this really the biggest risk? As with many things, it is easier to see the problems ‘out there’ and ignore the ones in our heads. So, while I’m not for one moment denying the seriousness of COVID-19, let’s look at the real risks.
Single moms have become a force to be reckoned with in the property market. Developers who want their estates to appeal to this growing demographic will need to keep in mind factors such as security, open spaces, schools and modern living units.
It’s old news that sectional title schemes need to establish and maintain a reserve fund that is separate from the administrative fund. Most bodies corporate have done so, and have built the fund up to meet the requirements. And some are now sitting on large sums of cash, and may even have a surplus of reserve funds. So investing this surplus makes good financial sense, but it must be done cautiously and with the preservation of funds as a priority.
Most of us can point to the black stuff growing in our shower and say: ‘That’s mould.’ Fewer people can say what mould actually is. There are thousands of different species of mould that all spread through spores. Some of these moulds can cause significant health concerns, ranging from allergies to asthma attacks, and even fungal infections in immunocompromised people. Understanding what mould is, and how it grows, is the first step towards preventing it from growing and spreading in your home.
Living in an estate is typically a pleasant experience, with a strong sense of community as well as an idyllic lifestyle. Unfortunately, problem pets can easily disrupt this lifestyle. They can be noisy, disruptive, smelly, and can even cause physical harm to other residents. And, in some cases, the owners appear to be oblivious to the problems their beloved pets are causing. These situations often lead to tensions in the complex, especially if the owner is unwilling or unable to resolve the issue.
As managers, we are sometimes so concerned about the outward signs of effectiveness – whether all the boxes have been ticked – that we often don’t notice that our employees are just going through the motions. For real effectiveness, and a staff that actually enjoys coming to work, we need to manage from the heart – for the heart.
The Property Practitioner Act is a new piece of legislation that, once it is signed into law – probably mid-2020 – will replace the Estate Agency Affairs Act of 1976. Its main purpose is to establish the Property Practitioner Regulatory Authority (PPRA), which will replace the Estate Agency Affairs Board; to regulate the affairs of all property practitioners; to allow for transformation in the property sector; and to provide for consumer protection.
More and more South Africans are evaluating the feasibility and advantages of investing in residential communities. Large mixed-use developments are sprouting up all over the country, and buyers are opting to invest in a secure lifestyle estate, where a return on capital is highly probable.
We tend to think of compost as a huge heap in an obscure corner of the garden – something that needs to be strenuously turned regularly, and that can generate enough heat to warm bathwater or possibly roast a chicken. Well, that is the traditional method, and it may well be the most biologically efficient way to compost, but there are much neater, smaller, more user-friendly options, some of which can even be used indoors.
Most residential estates in South Africa today have invested in high-tech security solutions to make sure that they can offer residents much-needed peace of mind. However, when it comes to maximising the benefits of app technology, South Africa is still somewhat lagging behind.
Humans or robots? It sounds like the sort of choice you’d only have to make in a sci-fi movie, but for more and more estate security managers, it’s a very real dilemma. The advances in digital technologies – including Artificial Intelligence (AI), Big Data, automation and machine learning – have made it possible to employ a full-service security force staffed entirely by non-humans.
REDi was founded just a week before Christmas of 2003, the intent being, as founder Deon Basson is often heard saying, ‘to do something remarkable’. So we created a business based on our strengths and interests, which have always been property, technology and entrepreneurship.
Can estate managers use personality tests like Myers–Briggs to create (and manage) better teams, boards and bodies corporate? Despite widespread scepticism, more and more organisations are using personality tests like the Myers–Briggs Type Indicator (MBTI) to create and manage their teams. Should you?
The sharing economy might just revolutionise all aspects of estate living, ushering in a less expensive, more connected way of life. Just a few years ago, it seemed as though shoppers had embarked on an acquisitive drive that would have no end. Consumerism had reached precipitous heights: the more one had, the more one needed. Houses were bursting at the seams as people responded to ads pushing more, more, more.
It’s good business to protect natural areas within your housing estate, not only because they make it a nicer living space that can command a higher property price, but also because the functions they provide have monetary value for both you as the property owner and also the municipality within which you live.
The Net Zero Carbon Buildings Commitment puts extra responsibility on developers to reduce their carbon footprint, right from the planning stage. As more signatories add their names to the Net Zero Carbon Buildings Commitment, South African developers are reflecting on what it means for them – and for the building industry.
Converting leads into sales is the most important element of ensuring the success of your development, so it’s worth streamlining the process. When selling off plan, it is important to remember that you are doing just that … selling a plan, a concept, an intangible future. And, without those sales, there is a good chance that your development may never get off the ground.
Watch: Louise Martin, COO of Estate Living, and Dirk Uys of the magnificent Arabella Country Estate discuss three of the challenges estates and their management team face today with Dirk Uys
Watch: What do you look for in a top-class, well-aged red wine? Style, certainly; body and taste, definitely; but also the subtle, understated excellence that comes to great wines only when they begin to mature; an excellence that reflects an impeccable track record.
Estates in the residential community industry and all ARC members will have heard by now that we have established the Residential Communities Council (RCC), which has been successfully registered with CIPC as a non-profit company (NPC) that will pursue the objectives as defined in the MOI.
Effective communication in a world of information overload and instant gratification is difficult to achieve. But this becomes even more challenging when the accuracy of the information on which these communications are based comes into question.
According to an article written by Ravi Kaneriya for the World Economic Forum, studies show that the key to happiness lies in having rich social bonds and meaningful relationships. And being part of a community is a powerful way to build those relationships in a faster, more scalable way.
Great management teams don’t just happen; they are built – carefully and deliberately. Creating an effective management team, which is probably one of the most important functions of boards, trustees and HOAs, requires both discipline and being open to new ways of doing things.
Sometimes, good intentions go bad. When things go wrong, there are always lessons to be learned. Read on. Not all decisions are easy. Be careful not to ignore a problem and hope it will go away. In this litigious world, if you have a question, seek advice. Surround the board with competent advisors. This will make your job easier. What follows are eight real-life examples of situations faced by boards of directors.
Positive news to emerge from Statistics SA today is that South Africa’s Gross Domestic Product (GDP) grew 3,1% in the second quarter of 2019 (to end-June), compared to a decline of 3,1% in the first quarter.
Which processes, procedures, and best practices keep a successful older estate at the top of its game? Marina Martinique – a unique Cape-Caribbean-style estate consisting of 384 residential stands and 475 units in group housing developments – is built around a lake and seven kilometres of constructed canals that lie three metres above sea level, and whose water is pumped in from, and flows back into, the ocean.
On the slopes of the Helderberg Mountain in Somerset West, the prestigious Erinvale Country Estate and Golf Club, which will be celebrating 25 successful years in 2020, was one of the first residential golf estates in South Africa. To find out what the ingredients are for this success, we chat to Kerstin Dinklage, Erinvale HOA trustee responsible for marketing and communication.
Not so long ago, if somebody wanted to have their complaint heard, the best options were to write a letter to the newspaper (and hope that it would be published) or dial into the radio. now, in the digital age, everyone has a voice. Never before has it been easier to have your concerns or thoughts heard – no matter how insignificant or trivial they are – and that has implications for estate managers
The world is facing a climate crisis. A young Swedish schoolgirl is now leading a global campaign of defiance driven by school children. The world has just experienced the hottest July ever recorded, even while a vocal segment of the chattering masses in leading economies like the USA believes that the science underpinning global warming is a massive hoax perpetuated by scientists who are – somehow – conspiring to make money.
The sluggish economy and continued inflationary pressures are taking their toll on the property market in general. According to credit bureau TPN’s latest report, the last three years have seen a steady decline in demand for residential properties, with a concomitant increase in the supply of properties. What’s more, the bureau says vacancy rates remain consistently high at 8.64% with escalations at just 4.85%. Most worrying for estate and property managers is that tenant good standing numbers continue to decline, with a current level of 81.8%.
The gardens, areas of natural vegetation, rivers, water features, paths and even parking lots on your estate are all part of your ‘shop window’. So they need to be beautiful – and also sustainable in every sense. That’s where Servest comes in – creating beautiful spaces that enhance your estate both aesthetically and environmentally.
Policies, procedures, our governing documents and our rules and regulations are binding on members who choose to buy into a homeowners association or sectional title scheme. But, of course, the directors, trustees, management, and the members themselves have to ensure that these are lawful, consistent and fair, and that they protect the common interest of the community at large.
As with anything in life, knowledge is power and in today’s risky economic climate, investors need as much as possible to make bold, calculated investment moves that yield great results. Cue Estate Living, South Africa’s leading resource and specialist consultancy within the community living environments. Masters at building relationships and identifying new opportunities, Louise Martin and Jaime-Lee Gardner’s innovative services are helping investors and developers all over the country to understand their market.
Some of us get the idea of “Joburg luxury” completely wrong: We see ourselves in the car of our dreams driving down William Nicol on the way to work. When in fact, real city luxury (or perhaps even city happiness) could be found not when you upgrade your ride but when you shorten your commute. Living closer to work does not only add more time to your day and more buck to your budget, but recent research shows that it can also improve your overall wellness.
Not a day goes by without one hearing of some municipal crisis somewhere in the country. These range from banal but extremely annoying stories of billing crises, lack of budgetary control and bloated bureaucracies to the horror story unfolding in Emfuleni, where total collapse of the municipality as a functional entity has unleashed a tsunami of raw sewage flowing unabated along the streets and through the buildings, as it makes its way to the nearest river.
The Medine group, a century-old key player in the local sugar industry with a land bank of over 10,000 hectares, launched its Education Village in 2012 in the region of Pierrefonds as part of its diversification strategy. This campus has been designed to host a selective cast of world-class and internationally recognised institutions across different fields of study.
Developers, HOAs, municipalities and the management of all manner of complexes, schools and campuses are learning that there are some things you just can’t fight. Put up as many ‘Keep off the grass’ signs as you like, people will take the shortest (or most convenient) path to get to where they’re going. So, the smart ones are giving in.
What are the key drivers for the buyers in residential estates and how can a security service provider support estate managers? The impact of security risk at residential homes in the form of violent crime and burglaries, has fuelled the growth and development of residential estates to meet the upward demand.
Probably one of the most difficult issues facing estate managers is waste management. It’s a truly Sisyphean endeavour – just when you think you’ve cleared the pile, it grows back. But creative waste management is essential, not only to maintain the beauty and integrity of our estates, but of – yes – the whole world.
Every time we hear stories of veld fires, we are alerted to the very real danger to our homes of a runaway fire. The devastating Knysna fires of 2017 are a vivid reminder of just how quickly a fire can rage out of control and cause millions of rands of damages. Coupled with domestic risks such as faulty wiring or appliances, it’s essential that bodies corporate and trustees review their estate’s insurance to ensure that they are adequately covered against fire risk.
Careful planning for future repairs and replacements is in the best physical and fiscal interests of the community association. Maintaining a reserve fund not only meets legal, fiduciary and professional requirements, it also minimises the need for special levies, and enhances resale values. How does an association properly determine and compile adequate reserves to fund necessary repair and replacement costs? By conducting reserve studies.
Financial operations are a critical part of the management of any operation, so it is essential that they are carried out with integrity. The board of directors, particularly the financial director, is ultimately responsible for an association’s funds and may not abdicate their fiduciary responsibility.
Estate managers, HOAs, bodies corporate and other community associations are responsible for managing huge swathes of land and property worth millions of rands, and are responsible for ensuring that the homes of hundreds, perhaps thousands, of people remain a safe and uplifting place to stay. This requires high levels of integrity and unimpeachable governance.
A development is not a residential estate – it’s a place with houses in a greater or lesser stage of completion. But there comes a time when the developer steps out, and the homeowners association steps in – and from that moment, the estate becomes a community – a place where people live.
It is one thing to sell the concept of community living, but creating a real community among a large group of diverse human beings can be a tough challenge. An estate with a strong community keeps the value of the property high and the residents happy, so building a healthy community is a vital component of estate management.
Do you know your Aptenia from your Carpobrotus … or your Dymondia from your Arctotis? No? Thought not, that’s why all but the green fingered among us prefer to rely on the experts. And if you’re the manager of a residential estate, the professional team from Servest Landscaping is the expert service you need.
All institutions in the world have rules and regulations that govern the operation, use and participation in that institution. Residents living outside a residential estate are governed by municipal laws relating to noise, the keeping of animals, the use of estate agent boards, the driving of vehicles in the suburb, etc. Hospitals, libraries, universities, golf courses, sports clubs, airports and shopping centres have rules and regulations too, and residential estates are no different.
The Association of Residential Communities (ARC) has been in existence for over 10 years, with 11 founder members, 10 chapters around the country and over 300 member estates, home to over 200,000 residents and representing 58% of the market in respect of number of homes.
Residential estates should familiarise and align themselves with the Occupational Health and Safety Act, Act 85 of 1993, and the regulations made thereunder. By creating a culture of legal compliance within an estate, HOAs promote clarity and trust in those who have vested interests in the residential estate. This furthermore enables estate management to demonstrate sound management structures, systems and processes, which strengthens the brand of the estate and increases its value.
South Africa’s economy is struggling. High interest rates and weak household finances are pushing investors and buyers to the sidelines, and homeowners are under increasing pressure to find alternative ways to ensure that their property remains relevant and attractive.
The word “problem” is defined in the dictionary as a difficulty that has to be resolved or dealt with. In estate landscaping, there are inescapable problems and then there are those that could have been managed from the outset.
Central to any estate security product offering should be the understanding that estate security is not only about keeping the criminals out, but also about managing the behaviour of those that belong in the community. This includes residents, personal and recreational guests, staff, and contractors.
The Sectional Title Schemes Management Act, Act no.8 of 2011 (STSMA) has introduced a number of new requirements into sectional title management, with serious financial impact on most sectional title schemes.
The word ‘community’ has many definitions; however, within the context of the residential estate communities, the following seems an ideal fit: ‘an interacting group of people with similar characteristics and interests, residing in a common geographic location’.
Although the uptake of fibre in residential communities has rapidly progressed, it was found that there are still a few burning questions in the industry around aspects to the offerings and deployment. Estate Living sheds some light on the matter with Frans Verwoerd – GM FibreSuburbs Network
While the game of golf was undergoing an evolution which saw fundamental changes in equipment, especially in terms of the golf ball and club shafts that made the game more affordable, other changes were also taking place.
Recent research shows that most estate managers come from a security or military environment. There are many who have cut their teeth in the hospitality and retail sector, and there are many who have worked in local government and civil engineering.
Through the efforts of The Association of Residential Communities (ARC), members of the industry come together on a regular basis to explore best practices and share experiences. During these sessions, which are held across the country with over 100 member estates in May 2017, we explored the impact of the different environments on the industry and conducted a PESTEL (Political, Economic, Social, Technological, Environmental, Legislative) and SWOT (Strenghts, Weaknesses, Opportunities and Threats) analysis. The following results emerged:
The forecast warned that an extreme cold front was to hit the Western Cape that night. Emergency services were preparing for storm waters, but the prefrontal wind conditions that pushed ahead of the storm fanned smouldering embers and unleashed a surge of fire comparable to the opening of floodgates. There was simply no stopping this conflagration once it had reached a certain level of intensity.
The Local Government: Municipal Property Rates Act empowers a local council to levy rates on immovable property within its jurisdiction. This is done by identifying the categories of property that a particular local council wishes to levy, and then selecting which properties should be allowed exemption from rates and taxes and, most importantly, which qualify for rebates. In terms of the Act, this power needs to be exercised on a fair and equitable basis.
Most people who buy into secure residential communities do so in order to be – or at least feel – more secure. As well as genuinely offering security and privacy, gates and fences enhance the perception of safety. And this, in turn, increases property values, helps to attract new residents, and allows managers and owners to charge a premium for services and rentals.
Muirfield’s decision to drag itself into the 21st century by allowing women to become members of the club, a mere 270 or so years after it was founded, was only achieved after a positive outcome to the voting process was encouraged (could this be the first recorded case of the donkey being beaten with a carrot?) by The Royal and Ancient’s veiled threat to remove Muirfield from the roster of Open Championship venues.
On 7 October 2016, the Community Schemes OMBUD Service Act 9 of 2011 (CSOSA) came into force. This Act impacts anyone who owns property in a community scheme. A community scheme includes sectional title developments, share block schemes, homeowners’ associations, retirement schemes or any other arrangement in terms of which there is shared use of and responsibility for parts of land and buildings.
The Association of Residential Communities overviews the 7 key characteristics of good governance as it applies to residential communities homeowners associations in South Africa
The residential community industry is enjoying year-on-year growth. The demand for a better-quality, family-centred lifestyle is driving the market and steering more and more individuals to invest in property in residential estates. Furthermore, foreign investors are now, more than ever, flocking to South African shores, and the communities in the existing environments are seeking opportunities to capitalise on their existing assets to compensate for a weakening Rand.
Excitement is rising in preparation for the Annual ARC Conference, hosted this year at the prestigious Val de Vie Estate. The Association of Residential Communities never fails to provide an incredible event, where resolution to industry challenges are found through shared experience.
Looking at their phones is one of the first things most people do in the mornings. Whether it’s for checking emails, reading the news, updating social media, messaging friends or getting a weather forecast, the reality is that the screens viewed by most people most of the time are on their phones.
How should a Homeowners Association (HOA) optimally compose the Balance Sheet position to minimise levy increases? How to make sure that they will be able to live up to all the new, stricter regulations on capital reserves while still minimising the long-term levies and answering the call from investors for new amenities and lifestyle upgrades.
CAISA (Community Associations Institute South Africa) will be returning to the Western Cape for the first time since 2014 with the M100: The Essentials of Community Association Management course.
Of the many good reasons for moving to a residential estate, the one most often cited is security. Residential estates are seen as safer places to live, and places where children and adults alike can walk and play in public open space. So security is extremely important.
No matter how well things are going, you can’t just sit back and hope the situation will continue, and when things are not going well, you need to make sure they get better. Both situations require strategic planning. It’s an essential, ongoing feature of good management.
Security is top of mind for people looking for estate living, so cutting-edge security systems such as CCTV surveillance, intercom systems and 24-hour security guards are the norm. But, according to Edward van der Linde of JNCS Beyond Security, the best-of-breed security goes beyond these standard measures.
Before deciding to invest our hard earned money on the JSE we spend countless hours researching the company that we are interested in, studying its past performance, the short and long-term forecasts and expectations of its share value, the share’s vulnerability and responsiveness to economic turmoil, even going as far as finding out whether or not the CEO drinks milk in his coffee.
PwC Strategy&’s behavioural economists explain seven behavioural traps that consumers should be wary of: framing, scarcity and loss aversion, herding, the halo effect, confirmation bias, initial pain, and the sunk cost fallacy.
Levy income is the lifeblood of any estate, and ineffective management and collection of funds can have a crippling effect on the sustainability and success of an estate. The main object of an estate is to carry on the promotion, advancement and protection of the owners’ interests in the estate and to maintain and control the common areas.
You’ve probably heard all the hype about Maropeng and the Cradle of Humankind, but there is a lot more to it than the tourism marketers make out.
Most companies and HOAs strive to appoint a board of directors that will be competent and effective in providing leadership and good governance but, in my opinion, vested interests and limited stakeholder perspectives often reduce the long-term effectiveness of their efforts.
Johannesburg’s proposed new housing policy, which recognises the need for developments to yield a profit, may turn out to be a win-win solution. As part of its strategy to create a more liveable urban space, the City of Johannesburg is introducing a new Inclusionary Housing Policy that could make it mandatory for developers to build affordable housing as part of new residential developments.
Construction is a hazardous endeavour, so here’s how you can make it as safe as possible – and stay on the right side of the law. Let’s say, for example, ABC Development and Property Management is planning to build a new ultra-modern clubhouse at ABC Golf Estate.
A key characteristic of estate living is the existence of the Homeowners Association (HOA), of which all owners are required to become a member and pay levies towards. The HOA sets rules and regulations, essentially designed to protect the estate and its assets, and keep the peace among its residents.
One of an estate management or board’s primary functions is its role as an asset manager and asset protector. In this activity it will oversee the efficient workings of all the estate’s functions and facilities with the principal goal to ensure the well-being of the key common assets. As a result these activities will help to ensure the protection and enhancement of property values, thereby safe-guarding the best interests of the principal stakeholders – the homeowners.
Market conditions have pushed cost control to the top of most meeting agendas. How do we survive in tough economic times without reducing the level of service or quality? The best way to do this is by reducing the costs associated with delivering the facilities or services related thereto.
The popularity of golf carts has risen dramatically in recent times, with golf carts now being used beyond golf courses and having become a popular mode of transport at sporting events and in and around hospitals, businesses, airports and resorts, to name but a few alternative uses. The use of golf carts as a convenient means of travelling within secure residential estates and retirement communities has also grown, and the question regularly posed is how to effectively control and manage the use thereof, particularly by teenagers and adolescents who cannot yet drive motor vehicles and regard golf carts as a convenient alternative means of getting around.
At a recent health and safety workshop, the question of contractor responsibility was raised in cases where the homeowners’ association (HOA) of the estate agrees to take responsibility for a contractor hired by the owner of a residence to perform work on the owner’s behalf.
As described in my previous article on governance (see Estate Living, Issue 25), conflicts of interest abound at board level. They constitute a significant issue in that they affect ethics by distorting decision making and generating consequences that can undermine the credibility of boards, organisations or even entire business entities.
The inception of the Labour Relations Act 65 of 2014 on 1 January 2015 provides new protection for employees on fixed-term contracts. The Amendment Act’s provisions that now regulate fixed-term contracts are provided for in the new Section 198B.
Corporate governance is a set of relationships between a company, its management, the board, the shareholders and its stakeholders, and it provides the structure through which the objectives of a company are set and attained and its performance measured. The directors of a company, HOA or sectional title scheme are managers of other people’s money.
Arabella Country Estate’s Homeowners’ Association (HOA) management have always viewed the protection of the personal information of residents, visitors and other stakeholders on the estate as an important issue.In early 2016, the estate management initiated a project to implement measures to address their concerns and reinforce their strong commitment to good leadership, governance and compliance practices.
Situated in the picturesque harbour town of Knysna, in the heart of South Africa’s famous Garden Route, sits the Knysna Lifestyle Estate.
So now you are part of a homeowners association. But what exactly is a homeowners association, and why do they exist? But what exactly is a homeowners association, and why do they exist? The main function of a Homeowners’ Association (HOA) is to enforce a set of rules, policies and procedures, contained in a document called a Memorandum of Incorporation (MOI) or Constitution, that serve the best interests of a group of property owners. Many HOAs include common property, such as parks and roads, or what is known as common areas.