Real Estate Investor November 2022 | Page 68

PROPERTY MANAGEMENT

Big differences between an Executiv Management Agent and a Managing Agent

By Pearl Scheltema

Did you know that if a Sectional Title Scheme chooses to employ an Executive Management Agent , the appointed person can make decisions regarding maintenance , levies , and the running of the overall budget even though they don ’ t sit on the Body Corporate or own a property in the scheme ?

68 NOV 2022 SA Real Estate Investor Magazine