Proxies in sectional title AGM


IF YOU CANNOT ATTEND YOUR SECTIONAL TITLE AGM, APPOINT A PROXY

By bauerm on Monday, May 24, 2010

Although a fairly high percentage of sectional title schemes in South Africa are poorly run and even heading for big debt and maintenance problems, there is, says Michael Bauer, General Manager of IHFM, which specialises in sectional title management, a marked reluctance among sectional title property owners to attend the all-important Annual General Meetings at which difficult matters can be sorted out.