Elize Krause, Ralf Schulz, Bridget Masilo and Lizelle Preuyt represented VDT Inc. during this Open Day.
On closer inspection of the Sectional Title Schemes Management Act 8 of 2011 (‘Act’), it is clear that the developer forms part of the body corporate, and the Act and its financial obligations are also applicable to the developer.
“I have recently acquired a piece of land and I think it has great potential for sectional title development. Will this be a good investment and what are the practicalities that I need to keep in mind?”
Registration of a right-of-way servitude can be a useful and sometimes vital mechanism granting the holder of such a right a method through which to travel to and from their property. In this article, we will discuss what a right-of-way servitude is, how such a servitude is created, how it will lapse or how it can be cancelled.