February 15, 2017
For The Record – Financial Management, Insurance & Levies
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?