All You Need to Know About Buying Sectional Title Property In Cape Town

PUBLISHED 26 SEP 2018   

All You Need to Know About Buying Sectional Title Property In Cape Town

Sectional title property is a great choice for young professionals - but what is it and how does it work? Here's what you need to know.

All You Need to Know About Buying Sectional Title Property In Cape Town

Sectional title properties in Cape Town, like apartments and townhouses, are some of the most popular cape realty - especially for first-time buyers.

Living in a sectional title home is a bit different than being a freehold owner - and there are a few things you’ll need to know. Here’s our quick guide to sectional title property.

You’re all in it together - with the body corporate in charge

Townhouse complexes and apartment buildings are different from regular houses because they have shared facilities. These include gardens, swimming pools, gym and braai facilities and complex security.

Since all residents of the sectional title benefit from these facilities, it’s only fair that they have to pay their fair share toward them. But who’s to say what your fair share is?

That's where the Body Corporate comes in.

  • A body corporate is a committee that oversees the day to day running of the complex or building.
  • Its members are usually unit owners, but if a large portion of the units are occupied by tenants, an agent or property manager may sit on the committee to represent them.
  • All body corporates have to obey the law. The Sectional Title Schemes Management Act sets out rules and regulations that your body corporate has to abide by.

What powers does the body corporate have?

Bodies corporate are responsible for making and enforcing rules, seeing to maintenance and security, and approving renovations and extensions to the building or complex.

The body corporate also sets the monthly levy that every resident is required to pay, and decides on levy increases. Luckily, every owner will have the opportunity to vote for or against any new proposals - so if you disagree with a rule or increase in your levy, you can make your voice heard.

If you’re passionate about making your neighbourhood a great place to live and have some spare time, you can always apply for a seat on the committee.

All about rights of extension

If the complex or building developer plans to build more units in the future, they need to inform you when you buy your home. That’s known as a right of extension.

  • It’s important to read your right of extension clause carefully and make sure that your view won’t be obstructed by a new building in the future.
  • New extensions need the body corporate’s permission before they can proceed - and every owner will need to approve their decision first.

If you’d like to view some of the best sectional title homes in the Mother City, contact us today. The Cape Realty team is on hand to assist you.

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