Property Management Division
At Silkon Properties, we take a comprehensive approach to property management, ensuring that all aspects of property administration are professionally handled, legally compliant, and efficiently managed. Our services are designed to support Sectional Title Schemes, Homeowners Associations (HOAs), and rental properties, with a strong emphasis on adhering to the Sectional Title Schemes Management Act 8 of 2011, the Companies Act, and other applicable legislation.
Key Services:
Sectional Title Scheme Management:
We provide expert management of Sectional Title schemes, ensuring compliance with the Sectional Title Schemes Management Act 8 of 2011. Our services include the preparation and enforcement of rules, managing common property, holding Annual General Meetings (AGMs), and ensuring financial and legal compliance. We also offer advice on resolving disputes, maintaining transparent communication with owners, and managing the day-to-day operations of the scheme.
Homeowners Association (HOA) Management:
Our team manages the day-to-day operations of Homeowners Associations, ensuring alignment with the Companies Act and other legislative requirements. We assist with the development and enforcement of HOA rules, managing budgets, and handling AGM proceedings. We also act as the primary liaison between the homeowners and the board, ensuring smooth communication and the effective management of shared spaces and services.
Rental Property Management:
We handle every aspect of rental property management, including tenant screening, lease agreements, rent collection, and tenant relations. Our service ensures compliance with the latest rental laws and regulations, as well as adherence to the necessary compliance requirements regarding leases, evictions, and tenant rights.
Legal Services & Debt Collection:
Silkon Properties provides expert legal services to ensure compliance with relevant property laws and regulations. Our team handles legal documentation, drafting and enforcing contracts, as well as providing assistance with any legal disputes that may arise. We also offer a specialized debt collection service, helping you recover unpaid levies or rent, and resolving overdue accounts through professional and effective means, while adhering to all legal requirements and industry best practices.
Accounting & Financial Management:
At the heart of our property management services is our robust accounting system. We assist with budgeting, financial reporting, and statutory compliance under the Sectional Title Schemes Management Act 8 of 2011 and the Companies Act. We prepare detailed financial statements, track expenses, and ensure that all owners and tenants receive accurate and timely billing. Additionally, we assist with the preparation of annual budgets, ensuring that all costs—ranging from maintenance to insurance premiums—are accounted for, in compliance with the requirements set forth by legislation. Our budgeting services also ensure that adequate reserves are set aside for future property needs, protecting the long-term financial health of the property.
Compliance & Regulatory Reporting:
We handle all compliance requirements, including the preparation of necessary documentation for statutory audits, compliance certificates, and reporting to governing bodies as required by the Sectional Title Schemes Management Act and Companies Act. Our team ensures that all property management activities meet the standards set by the relevant laws and regulations.
By offering these comprehensive services, Silkon Properties ensures that your property is managed efficiently and in full compliance with the relevant legal frameworks. We take care of all financial, legal, and operational aspects, providing peace of mind for owners, residents, and investors alike.
