Sectional Title and HOA Specialists

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We have over 16 Years of experience with Sectional Title and HOA Management all over Johannesburg!

Community Living Management Solution Brought to you by Maslow Property Management Division

Financial Control

Let Maslow Realty manage the collection, accounting, and expenditure of funds, with complete transparency and diligent reporting. Maslow Sectional Management has fully automated, cutting-edge financial management solutions including a unique online system that is updated in real-time. Think of us as your off-site support finance team.

Our financial services include:

  • compiling and submitting monthly management reports to trustees/directors, including an income and expenditure statement, balance sheet, levy roll, debtor age analysis and trust account statement

  • Compiling monthly reports: a monthly management report delivered to Trustees/ Directors including an income and expenditure statement, balance sheet, levy roll, debtor age analysis and trust account statement

  • Preparing budgets – factoring in any repair/maintenance work that needs to be done. Sent to body corporate for approval

  • Monitoring invoices for payments

  • Managing levies and ensuring all funds owed to the body corporate are paid on time (and taking legal action where required)

  • Ensuring that the correct, adequate, well-priced insurance policies are in place and annually renewed. This includes the Fidelity Fund cover – protecting the body corporate against loss as a result of theft of trust funds

  • Maintaining separate trust accounts for each scheme

  • Managing investment accounts

  • Providing in-house debt management services

  • Managing council accounts: paying rates, taxes, charges chargeable to the scheme on time; passing accruals when invoices are not received; reporting to trustees/directors any discrepancies with council

  • Assisting and advising the trustees/directors on any applicable procedural matters pertaining to the running of the scheme (relating to resolutions, quorums, proxies, voting rights, etc.)

  • Paying ad hoc invoices/accounts and HR expenses

  • Preparing annual financial statements

  • Processing insurance claims

  • Registering of directors, record keeping of domicilium, updating of auditor changes.