“First and foremost, it must be understood that while the individual unit itself is personally owned, the common property areas are all shared," says David Rebe, CEO of Sandak-Lewin Property Trust. “It is important for first-time sectional title buyers to know that they are essentially buying into a community where the trustees and the body corporate are involved the decision-making processes regarding the communal property.”
Rebe provides the following tips for first-time buyers entering into a sectional title scheme: