For The Record – Financial Management, Insurance & Levies

Financial Management in Sectional Title Law

 

Sectional title law no 3 – Financial management, insurance, levies and record-keeping

In our occasional series on sectional title law, so far we have looked at the role of the trustees in a complex and the rules for general meetings of owners and the role of the Chair. In this article we will cover financial management of schemes, insurance, levies and accurate record-keeping – what is required by law?