What Is The Difference Between Conduct And Management Rules In Sectional Title Complex?
Category Legal Thought of the Week
Bound By Scheme Rules
On becoming an owner of a unit in a sectional title scheme a purchaser is automatically bound by the schemes existing rules, whether or not these suit his circumstances. Prospective purchasers are therefore well advised to ask for and study the rules of the scheme prior to putting in an offer.
There are two types of rules applicable:
1. management rules, which govern the administrative functioning of the body corporate. These can only be changed by unanimous resolution; and
2. conduct rules, which govern the behaviour of owners and tenants in the scheme and deal with issues such as pet ownership, refuse disposal and vehicles. These can only be changed by special resolution.
Source - STBB
Author STBB
Published 18 Aug 2015 / Views -