sectional title valuations

Sectional title valuations: How to avoid a common error when updating the insurance sums

26 July 202312 December 2024

(Updated: 12 December 2024) One of the most common errors which occur following a professional valuation, is the duplication of escalation. This happens very easily as quantity surveyors and many…

How managing agents and trustees should deal with the schedule of replacement values

14 April 202312 February 2025

The schedule of replacement values (SRV) is a critical document, which is presented at the annual general meeting (AGM) of the body corporate for the owners to approve. Here, we…

Sectional title insurance and the value of regular valuations

17 May 201815 January 2025

Since 2016, Prescribed Management Rules require a building valuation to be done at least every three years. In addition, these rules also require that such valuations be tabled at the…