Legislation and Regulations

The Sectional Titles Act was a crucial development for property ownership in South Africa, as it introduced a flexible way for individuals to own apartments or units in multi-unit developments while sharing responsibilities for communal areas. It paved the way for more affordable urban housing and created clear, enforceable rights and responsibilities between unit owners.

Read the rest of entry »

The need for the STSMA arose from the complex nature of managing communal living environments where ownership is divided into individual sections and shared common areas. By separating governance rules from the Sectional Titles Act itself, the legislature intended to create clearer, more effective operational rules for sectional title owners and administrators.

Read the rest of entry »

The SBCA was introduced to bring greater transparency and legal certainty to property ownership models where individuals invest in companies rather than directly owning land or units.

Without this legislation, shareholders in these schemes would have little protection against mismanagement or abuse by developers and directors.

Read the rest of entry »