This webinar will take place on Thursday 25 April 2024.
Unveiling the risk: Trustees navigating schemes towards insolvency
Could body corporate trustees be unwittingly steering their schemes towards insolvency?
While a scheme might seem to be operating smoothly on the surface, a closer look at its records could reveal a different reality.
Join us for an insightful webinar featuring Alistair Scholtz from PKF Octagon and Mike Addison from Addsure. They will shed light on why trustees may not fully grasp the legal implications of handling financing arrears and renovation projects.
Mounting debt levels are pushing schemes dangerously close to insolvency as they resort to borrowing without anticipating special levies. Regrettably, the path to financial recovery is often fraught with challenges.
Join us on Thursday 25 April 2024 for an informative session with two industry experts.
Book here
Thank you to our sponsors:
PKF Octagon
PKF Octagon provides complete audit, accounting, tax and consulting services to meet the specific reporting and financial needs of all residential and commercial bodies corporate and community schemes. We are a proud member of PKF International, a global family of independent firms bound together by a shared commitment to quality and integrity in a complex regulatory environment.www.pkfoctagon.com
Sectional Title Solutions is focused on providing value-add solutions to community schemes nationwide that reduce cost, generate revenue and increase property value. Solutions offered include innovative Funding and Treasury, Efficient Energy, Smart Technology, Legal Advisory and a host of other service solutions. Building sustainable relationships, helping our communities thrive. www.stsolutions.co.za
WeconnectU offers the most advanced end-to-end body corporate and HOA management solution that addresses all core business processes of professional community management. We help property managers overcome their greatest challenges: Compliance, manageability, scalability, profitability, and empower them to create optimal efficiency and complete transparency. WeconnectU – Transforming the Property Management industry. www.weconnectu.co.za
Multiprof Property Intelligence assists with building compliance including complex audits, updating of building plans, exclusive use area plans, adjustment of participation quotas and consultation on all the above. Multiprof Property Intelligence: Connecting the Property Dots. www.multiprofdevelopment.co.za
ZDFin is a specialist finance company providing smart solutions for community schemes. With a wealth of practical experience in property and financial management and an understanding of the challenges, their range of targeted financial products can be tailored to meet the specific needs of your scheme. www.zdfin.co.za