LEVIES
BASIC LEVY:
• Levies are payable monthly in advance.
• The basic monthly levy is calculated annually based on the budget prepared for the ensuing financial year (March to February). It primarily comprises the cost of security (access control), maintenance and upkeep of the public open spaces, and administration services.
• Levy invoices are prepared and circulated monthly by the KBP managing agent. All levy-related queries are to be directed to the managing agent.
• As all the houses in KBP, except the sectional title flats, are own-title, costs related to individual homes, such as building and contents insurance, water, electricity, rates, taxes, and maintenance/upkeep of houses, gardens, etc, are for the individual resident’s account.
GARDEN SERVICES LEVEY:
• In addition to the basic levy, members may also be required to pay a monthly levy for the cost of private garden lawn mowing services twice monthly by the KBP-appointed garden services provider.
• Members can choose the extent of the lawn mowing services they wish to use. The garden services options are as follows:
Option 1:
Receiving no lawn mowing service from the garden services provider.Option 2:
Having the lawn in the front yard OR the backyard of the property mowed.Option 3:
Having the lawn in both the front yard AND the backyard of the property mowed.• Should members choose to mow their own lawns, they must ensure that the lawns are always maintained neatly.
• Regardless of the lawnmowing option a member selects, the resident is responsible for maintaining personal flower and tree beds.
LEVIES APPLICABLE TO SMALLER KLEINBRON PARK COMPLEXES:
BOSCHENVALLE LEVY:
• The Boschenvale complex consists of 24 single residential duplex units. As maintenance, such as the painting of the exterior of the buildings of all units and the boundary wall, must be undertaken at the same time to ensure uniformity, a monthly maintenance levy is payable by Boschenvale owners to fund the maintenance that needs to be undertaken as and when required.
• The Kleinbron Park office can be contacted for more information regarding the Boschenvale maintenance levy.
JEWEL PLACE SECTIONAL TITLE SCHEME:
Jewel Place (JP) is a sectional title flat complex situated in Kleinbron Park. Upon purchase of a flat, the owner becomes a member of the Kleinbron Park HOA and the Jewel Place Body Corporate (BC).
Jewel Place is managed in terms of the Sectional Title Regulations and the JP Conduct Rules.
At the Annual General Meeting of the BC, a Trustee Committee is elected from among the ranks of the owners to manage the interests of the complex, its owners, and its residents.
The JP Trustees are assisted by the BC’s managing agent, who is responsible for the financial administration of the sectional title complex.
JEWEL PLACE SECTIONAL TITLE SCHEME LEVY:
• Jewel Place (JP) is a sectional title flat complex. Upon purchase of a flat, the owner becomes a member of the Kleinbron Park HOA and the Jewel Place Body Corporate (BC).
• A monthly levy is payable by the owners of the Jewel Place flats to their Body Corporate.
• The JP levy payable by owners includes several expense items related to the management, maintenance, and upkeep of the flat complex. A portion of the flat levy is paid over to the KBP HOA by the JP BC.
• Building insurance (such as geyser replacements) is included in the levy payable to the JP BC. Flat contents insurance and rates payable to the City of Cape Town are for the flat owner’s account.
JEWEL PLACE LEVY:
• A monthly levy is payable by the owners of the Jewel Place flats to their Body Corporate.
• The JP levy payable by owners includes several expense items related to the management, maintenance, and upkeep of the flat complex. A portion of the flat levy is paid over to the KBP HOA by the JP BC.
• Building insurance (such as geyser replacements) is included in the levy payable to the JP BC. Flat contents insurance and rates payable to the City of Cape Town are for the flat owner’s account.
• Contact information for the BC’s managing agent, can be obtained from the Kleinbron Park Office.