Is Your Scheme One Bad Financial Report Away from a CSOS Dispute?
CSOS disputes are becoming an increasingly important concern for sectional title schemes in South Africa. Financial and administrative problems, poor record-keeping, governance failures and compliance issues can quickly escalate into formal disputes, placing additional pressure on trustees and owners.
Jannie Smit breaks down what CSOS’s own numbers actually say about the cost of poor management — and why the fix is almost entirely administrative, not legal…