The devastating tornado that tore through parts of Montana, Pretoria North, on 18 February has left many sectional title residents facing costly repairs and uncertainty. As Bodies Corporate assess the damage, Fitzanne Estates, a leading Managing Agent in Pretoria, is calling on trustees to prioritise insurance compliance to protect Sectional Title Schemes from financial ruin.
“Our thoughts are with all residents affected by this unexpected disaster,” says Pearl Scheltema, CEO of Fitzanne Estates. “Tornadoes are rare in Pretoria, but extreme weather events are becoming more frequent. This tragic event highlights the urgent need for trustees to ensure that their sectional title schemes have comprehensive insurance coverage.”
Trustees hold the responsibility for body corporate insurance
In sectional title schemes, the body corporate, represented by its elected trustees, is responsible for insuring the buildings and common property. This includes structural damage caused by natural disasters such as storms and fires. However, body corporate insurance does not cover the personal belongings of owners or tenants, which requires separate household insurance policies.
Scheltema warns that inadequate coverage can leave sectional title schemes financially vulnerable: “Without the right insurance in place, a scheme could struggle to fund necessary repairs, placing an unfair financial burden on owners.”
How Managing Agents assist Trustees
Managing agents, such as Fitzanne Estates, play a crucial role in helping trustees navigate the complexities of sectional title management, including securing adequate insurance.
“While trustees have the ultimate responsibility, managing agents assist by liaising with insurance providers, ensuring premiums are paid on time, and guiding trustees on policy reviews,” Scheltema explains. “We also support trustees in handling claims efficiently so that when disaster strikes, there is a clear process to follow.”
In the wake of the recent tornado, Fitzanne Estates urges trustees to review their insurance policies and confirm they meet the necessary requirements.
Protecting your sectional title investment
For trustees concerned about whether their body corporate is compliant with insurance and other legal obligations, Fitzanne Estates offers expert property management services tailored to sectional title schemes.
“Now is the time for trustees to act,” concludes Scheltema. “Comprehensive insurance is not just a legal requirement—it’s a safeguard for everyone’s investment and peace of mind.”
Contact Fitzanne Estates for a no-obligation consultation on sectional title management.
