JEWEL PLACE SECTIONAL TITLE SCHEME

JEWEL PLACE SECTIONAL TITLE SCHEME

  • 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 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 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.