MEMBERSHIP CERTIFICATES FOR 2005/6The Membership certificates for 2005/6 were posted to all members whose levies were paid up to 31 July 2005.
If you do not receive your certificate within the next 7 working days, please contact the National Secretary.
COST OF CERTIFICATES
Just as a matter of interest …. The cost for Nama to produce the membership certificates and deliver it to our members, amounted to R7,88 per certificate.
REFERENCE WHEN DOING PAYMENTS
We regularly receive payments on our bank account with NO reference, which makes it very difficult to correctly allocate such payments.
The formula when making payments in respect of the reference is as follows:-
NAMzero(your account number)zero one
For example :- If your account number is 4049, your reference for any deposit in our bank account will be as follows:-
NAM0404901
PROMOTION OF ACCESS TO INFORMATION ACT
The Promotion of Access to Information Act, No. 2 of 2000 (“the Act”) in as far as it applies to private bodies, took effect on 15 February 2002. It gives effect to the constitutional right of access to any information held by the State and private bodies and that is required for the exercise or protection of any rights. Where a request for information is received in terms of this Act, the private body is obliged to release the information, except where the Act expressly provides otherwise. The Act sets out the procedures that must be followed for such requests.
The Act prescribes that every private body (including Bodies Corporate), must compile a guide containing information as is set out in the Act. I.e.: ALL BODIES CORPORATE MUST COMPILE SUCH A MANUAL.
The purpose of this manual is to foster a culture of transparency and accountability in public and private bodies.
The extended cut off date for submission of the manual to the South African Human Right Commission is 31 August 2005.
EXCLUSIVE USE AREAS
In the August 2005 issue of "De Rebus", magazine of the Attorneys’ Profession, a very informative article appeared regarding the Exclusive use Areas that is really worthwhile reading.
Due to the length of the article it cannot be summarized in these Snippets. We suggest you borrow a copy of the De Rebus from one of your attorney friends and make a copy of this article.
RODNEY HAYTER SNIPPETS
The following Snippets were obtained from the website of Rodney Hayter on www.rodneyhayter.com:-
KZN’s South Coast in the midst of a property
Investors scouring the market for opportunities are looking to the KwaZulu Natal South Coast, which is in the midst of a property boom with annual returns of 35 percent and more.
The emerging market has surfaced
Statistics indicate in areas such as Pietermaritzburg an estimated 40 percent of all residential property sales now involve previously disadvantaged buyers and their full merging in all buying sectors within the property market.
Rawson urges EAAB action as agent registrations reach 64 000
The fact that the real estate industry’s body, the Estate Agency Affairs Board (EAAB), had ignored numerous and sometimes strident appeals to re-instate the compulsory entrance examination, did not excuse them from looking at other areas of raising professional practicing standards.
KZN buyers chase lower priced properties
Ballito’s market entry is about R750 000 for a one-bedroom apartment, Amanzimtoti about R720 000 for a basic house and Pietermaritzburg in the region of R350 000 for a tiny CBD flat.
CONTACT IN SYDNEY, AUSTRALIA
One of our members, Errol Diamond of Diamond Properties (Western Cape Region), and Diamond Property Management, has opened an office in Sydney Australia dealing in the property market in general. He has qualified as an Estate Agent in Australia and therefore has the necessary license to trade. His details are as follows:
Errol Diamond
Diamond Properties
Australian Mobile: 0961 404 184691
PO Box 421, Rose Bay, 2029 N.S.W. Australia
e-mail: ediamond@iafrica.com
CONGRATULATIONS - COMING OF AGE - LES REYNARD
During August this year Les Reynard (of our Eastern Cape Region) celebrated 21 years in sectional title management – starting off in 1984 as a “hobby”. He became managing agent and chairman of the complex he lived in.
He married his wife Heather in 1985 and the two of them have been working together ever since. Their business grew until he had to give up his employment to go into the business full time. He now manages 58 complexes with more on their way before the year-end.
Having decided to give back as much as he could to the industry that was supporting them, he joined the Sectional Title Association of Port Elizabeth and soon became a committee member. He has now served on this committee for 20 years and was also director of the local Institute of Realtors for 2 years with the portfolio of Finance and Sectional Title.
The Managing Agent’s conference, Les (and others) attended in Australia was his first holiday in 24 years! To him it was well worth the cost and he was surprised at how far ahead of us they are in this industry. He says it was like a glimpse into the future as far as this business is concerned here in South Africa.
Once again we would like to congratulate him with this achievement!
SECTIONAL TITLE PROPERTY MAGAZINE
This is a very affordable and informative magazine on Sectional Title issues. Members who wish to enrol can contact them at:
STRATA AND COMMUNITY TITLE IN AUSTRALIA FOR THE 21st CENTURY CONFERENCE.
Our National chairman, Dr. Gerhard Jooste, will be attending this conference from 31 August 2005 to 3 September 2005 on the Gold Coast, Australia.
Have a nice trip and a "worth your while" conference!!
In matters of style, swim with the current;
in matters of principle stand like a rock.
Thomas Jefferson
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