Property, Body Corporate and Homeowners Associations Management.
We offer our clients property management services, specializing in Sectional Title Body Corporate management and management of Home Owners Associations.
- We have a solid track record in the management of property
- We provide efficient and effective administration using the latest accounting software: WeconnectU
- We have effective systems, in-depth knowledge and expertise
- We have a skilled reliable team with knowledge of all relevant regulations and legislations
- We have financial, operational, procedural, and legal expertise in the property management field
- We are registered with the Property Practitioners Regulatory Authority (PPRA) and the National Association of Managing Agents (NAMA)
With our years of experience, we strive to add value to our client's property assets.
We manage Property!
EXECUTIVE MANAGING AGENT (EMA)
The Sectional Titles Schemes Management Act (STSMA), promulgated on 7 October 2016, introduced the concept of the Executive Managing Agent (EMA) as part of a broader move toward the professionalisation of sectional title scheme management. This framework enables a shift from a volunteer-based trustee model, typically operating with indemnity, to a more structured, accountable and professionally managed approach.
An Executive Managing Agent (EMA) may be appointed to assume the roles and responsibilities ordinarily carried out by the Board of Trustees. These responsibilities include, but are not limited to, financial management and budgeting, maintenance planning and execution, levy collection and recovery processes, rule enforcement, and the overall administrative and operational management of the scheme. These functions are critical to protecting and enhancing the value of the property and ensuring compliance with applicable legislation.
In today’s increasingly complex regulatory and operational environment, the role of trustees has become more demanding. Trustees are often required to make significant decisions while serving in a voluntary, part-time capacity, which can place considerable pressure on individuals who may not have the necessary time or specialised expertise.
Recognising these challenges, the STSMA provides, in terms of Prescribed Management Rule 28(1), that a Body Corporate may, by way of special resolution, appoint an Executive Managing Agent. This allows schemes to benefit from a higher level of professional oversight and consistent management.
Key benefits of appointing an Executive Managing Agent include:
- Professional, impartial decision-making – Ensuring objectivity in matters such as rule enforcement, dispute resolution, renovations, and legal processes, thereby reducing potential conflicts between owners.
- Dedicated, full-time management – Providing consistent oversight by experienced professionals, as opposed to reliance on part-time volunteer trustees.
- Accountability and reduced risk – Unlike trustees, an Executive Managing Agent is not indemnified under the STSMA and is fully accountable for decisions and actions taken in the management of the scheme.
Safeguarding your investment
The appointment of an Executive Managing Agent enhances governance, ensures compliance, and promotes the long-term sustainability of the scheme. By entrusting management to qualified professionals, owners can have greater peace of mind that their investment is being effectively managed and protected.
Landlords Property Management carries comprehensive professional indemnity insurance, providing an additional layer of protection and assurance to all stakeholders.