WebFeb 8, 2024 · The Sectional Titles Act no 2 of 2009 assigns the legal responsibility for maintenance and repair of the common property to the body corporate, and … Web(c) a close corporation incorporated under the laws of any country other than Namibia, or under the laws of Namibia, in which the controlling interest is held by foreign nationals; or (d) a body corporate, trust, association or any other legal entity in which the controlling interest or benefit is not held by Namibian citizens;”;
Sectional Title - Body Corporate Rules and Conduct Rules
WebMay your year 2024 be full of new beginnings, renewed energy, new ideas that is filled with joy, happiness and Blessings ! #newyear #2024 #blessings #realestate #realestateagent #joy #newbeginnings... WebBody Corporate Rules. Body corporate management and conduct rules play an essential part in the effective and smooth operation of a sectional title scheme, so … play scott
Namibia’s new Sectional Titles Act - Dr Weder, Kauta & Hoveka
WebFeb 23, 2024 · A Body Corporate is the collective name given to the owners of the units and common property within a sectional title scheme. With effect from the date on which any person other than the developer becomes an owner of a unit in a scheme, there shall be deemed to be establi . 0. WebThere is a distinction between the body corporate and the management of the body corporate, and this distinction lies with the trustees, as the nominated and elected … WebNov 7, 2016 · 26 (5) The audit of a body corporate’s annual financial statements: 1. Must be carried out by an independent auditor who has not participated in the preparation of the annual financial statements or advised on any aspect of the accounts of the body corporate during the period being reported on. 2. primetime goliath watch