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4 September 2007
NAMA SNIPPETS –6/2007
AGM AND DIRECTORS MEETING
The AGM of Nama will be held in Ballito (or Durban) on 19 October 2007 followed by a directors meeting.
The AGM will be preceded by a seminar. More details will follow at a later stage.
You are invited to inform the National Secretary before 15 September of any items you would like to be discussed at the AGM and/or the Directors meeting.
PROFESSIONAL INDEMNITY COVER FOR MANAGING AGENTS
Mike Addison of Addsure is giving a talk on this very important topic in Durban on 14 November. Don’t miss this!!
For more details contact Vanida Moodley on 031 309 8790
SEPARATE RATING OF S/T UNITS
With the introduction of individual rating of S/T units in Cape Town Metropole from 1 June 2007, owners of units expected to receive an amended (and decrease in) levy statement from that date. BUT DID THEY??
For the answer on this question read the article by Judith van der Walt in the Paddock Press, Volume 2, Issue 6.
ARE YOU QUALIFIED??
The next University of Cape Town Scheme Management Course starts on:
DECEMBER 2007
Contact Robyn on: robyn@paddocks.co.za or visit: www.paddocks.co.za to download an information pack and registration form.
More than 300 people completed the UCT/Paddock course during 2006 and 20% of these students were Estate Agents wanting to learn more about sectional titles.
During the period December 2006 to May 2007 a total of 54 students were staff members of our Nama members!!
TERMITES!!! TERMITES!!!
The following e-mail was received from one of our members. Please help him in this predicament by letting him know how you see the problem. E-mail him/her on sectitle@georgerennie.co.za and CC me on namasa@mweb.co.za
Thanks for your co-operation in helping a fellow member. (Progress through Sharing!!)
“I would like some advice please.
If termites are found inside a unit, who is responsible for the eradication thereof?
If the termites are seen outside on common property and a day or two later inside a unit, who is then responsible?
I hope you can help me with this please.
William”
MEMBERSHIP FEES
Many of our members pay their membership fees upfront for a year and then forget to check when the year lapsed.
If you are one of these members please check whether your fees for the 2007/8 year was indeed paid.
If in doubt you are welcome to call Charmaine on 012 481 6060.
If you have not received your certificate for 2007/8 please contact the National Secretary.
INSURANCE – CHANGE THE RULES!!!
The following e-mail was received from one of our members which are self explanatory.
What is your view on this point?? Reply to:- dcheron@hixnet.co.za and CC me on namasa@mweb.co.za
And if the outcome is positive in favor of such a change to the Rules it can be taken to the next Regulation Board meeting!!
“I have just finished the UCT course and found it enjoyable if quite tiring for old guys like me!
One of the tasks we were set involved drafting a Rule (Either Conduct or Management) for submission to the Board for approval insertion into the Act.
This gave me a chance to put forward one of my ideas.
There are times when Trustees try to cut costs and besides our management fee they have, on more than one occasion, targeted insurance premiums. Despite our warnings of dire consequences of under insuring they still go ahead. We therefore drafted the following Rule to be inserted into the Management Rules just after 29(1) (a) to read:
"The Trustees shall ensure that the buildings and all improvements to the common property are:
(I) Re-valued by a registered value of property every three years - from the date of establishment of the Body Corporate.
(ii) Full replacement value thereof is adopted into the existing insurance policy."
It would be interesting to see what comments we get to the above from other NAMA members.
Regards”
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