Comprehensive property management for community schemes.
KZNBodycorp provides tailored management services to sectional title schemes, homeowners’ associations and share-block companies, helping schemes remain properly administered, financially controlled and compliant.
Community schemes need skilled administration and proper financial control.
It is important that community schemes are run with sound business principles in mind. Scheme executives must manage the scheme responsibly to ensure that it remains financially independent, secure and properly governed.
KZNBC takes pride in assisting community schemes with proper administration and controls in terms of required legislation. Our core business is to provide a comprehensive and tailored property management service.
What KZNBC assists with.
From financial administration and reporting to meetings, compliance and records, KZNBC provides practical support across the full management function.
Financial Administration
Books of account, monthly levies, utilities, rent, collections, credit control, supplier payments, payroll, SARS EMP returns, UIF and VAT administration.
Budgets
Assistance with administrative budgets, reserve budgets and maintenance, repair and replacement plans for approval at the AGM.
Annual Audit
Annual financial statements, compilation working papers, auditor schedules and assistance with audit queries.
Management Reports
Real-time financial reports through WeConnectU, including fund balances, budget reports, levy rolls, arrears and supplier payments.
Insurance
Insurance claim administration, broker liaison, appropriate cover support and maintaining a register of insurance claims.
Meetings
Trustee meetings, director meetings, AGMs and SGMs, including notices, agendas, attendance registers and minutes.
Rules and Penalties
Advice on conduct rules, enforcement, fines, notices of complaint and meetings with trustees, directors and offenders.
Administrative Management
Correspondence, queries, complaints, notices, employee master files and assistance with owner and tenant disputes.
Statutory Compliance
Support with AGM requirements, CSOS, CIPC, COIDA, SARS, fidelity insurance, reserve funds and other mandatory compliance items.
Keeping schemes organised and compliant.
KZNBC assists community schemes with statutory obligations and proper record retention.
Mandatory Compliance Items
Records We Help Maintain
Practical advice for scheme executives and community schemes.
KZNBC offers additional advisory services to help schemes deal with rules, compliance, employment, taxation, disputes and special requirements.
Request AdviceRules and Legal Guidance
Advice on STSMA, CSOS, Companies Act, Share Block Controls Act, rule amendments, fines and penalties.
Compliance Health-Checks
Community scheme financial and compliance health-checks, POPIA, PAIA and CSOS-related assistance.
Employment Support
Contracts of employment, disciplinary hearing attendance, CCMA attendance and COIDA annual returns.
Special Requirements
Special levies, income tax returns, CSOS adjudication applications and valuation of common property and equipment.
Support for community schemes in financial distress.
Community schemes can fall into financial difficulty due to poor financial planning, under-recovery of contributions, low reserves, lack of maintenance and large unpaid municipal accounts.
KZNBC can compile a professional report on the scheme’s financial position, compliance with applicable laws and regulations, and the key problems affecting the scheme.
Let’s discuss your scheme’s requirements.
KZNBC offers flexible services that can be tailored to meet the requirements and budget of your community scheme.