Hello Landlord,
The three of us are wondering if you might possibly be able to provide some advice. A discussion of what rights owners have in an HOA NPC, and how the owners can try to control the runaway powers of the directors, would help.
We live in a walled estate where only people over 60 may buy. But we are not a retirement village – we have no frail care and no clinic. We have a “town hall”.
We are in what is called a gated community with huge levies payable every month. It is a company and it is run as a non-profit homeowners’ association.
There are many of us who live in non-profit HOA companies. Each company must now prepare a new memorandum of incorporation.
It is shocking to see what privileges and financial rightS some directors have written into the MOI of the non-profit HOA company; and are coercing the owners to agree to them.
Many of us purchased in non-profit HOA companies without realising that the strict South African laws which govern sectional title do not apply to non-profit HOA companies.
Most people believe that the sectional title laws apply in an HOA. No one tells anyone different.
We’d appreciate your input,
Troubled Trio
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