18 Jan 2013
With approximately 530 000 home owners' association units throughout South Africa, compared to 780 000 sectional title units, managing HOAs is a good opportunity for existing and prospective property managers.
The Home Owners' Association Management course could be just the thing you need.
Registrations close on 1 February 2013 and the course begins on 11 February for R7 800 (excl.VAT) or R8 892 (incl. VAT).
Compiled by Prof Graham Paddock, the course teaches students the legal, financial, physical and administrative aspects of home owners’ association (HOA) managementand is a 10-week part-time course presented through online distance learning.
The course material covers HOAs established as non-profit companies and common law associations and allows you to expand your expertise by completing the only specialised course in home owners' association management offered in South Africa.
The course modules include:
1. Basic principles of HOAs
2. Design and formation of an HOA
3. Governance documentation
4. Members, their meetings and decisions
5. Executive committee members, their meetings and decisions
6. Finances, accounting, disclosure and auditor
7. HOA administration
9. Business Rescue
10. Termination of an HOA
Anyone involved in the management of HOAs, and particularly those who render management services to HOAs, including managing agents, estate managers, directors, portfolio managers, attorneys, estate agents, developers, scheme auditors and accountants, dispute resolution service providers, trustees and owners would benefit from the course.
Sectional title schemes are created and managed under the national Sectional Titles Act, 1986. However, home owners' associations in South Africa are not governed by any national legislation. They are established as non-profit companies or as common law associations, created to manage particular communities, often "gated" and operated separately from the surrounding properties.
To download the pack information or registration forms, click here.
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