In every sectional title scheme, trustees play a crucial role that often goes unseen, yet their decisions affect every owner and resident. As the elected representatives of the Body Corporate, trustees are responsible for managing and maintaining the scheme, ensuring compliance with legislation, and safeguarding the interests of all owners.
Managing Finances and Long-Term Planning
One of the trustees’ most important responsibilities is financial oversight. This includes budgeting for day-to-day expenses, managing levies, and maintaining the reserve fund for major repairs and upgrades. Proper financial management ensures that the scheme can cover unexpected repairs, maintain property values, and plan for the long-term sustainability of the Body Corporate.
Maintenance and Compliance
Trustees are also responsible for the upkeep of common property. From lifts and landscaping to roofs and security systems, they must ensure that all maintenance is performed to a high standard. In addition, trustees must enforce scheme rules and ensure compliance with the Sectional Titles Schemes Management Act. This includes everything from regulating short-term rentals to managing parking and noise complaints.
Balancing Interests and Decision-Making
Perhaps the most challenging aspect of being a trustee is balancing the needs and interests of all owners. Decisions, like approving levy increases, scheduling major maintenance, or enforcing rules, must always be made objectively and in the best interests of the scheme as a whole. Transparency and open communication with owners are essential to building trust and reducing potential conflicts.
Engaging the Community
A successful scheme relies not only on active trustees but also on engaged owners. Attending AGMs, reviewing reports, and participating in discussions helps owners understand the decisions made and supports the trustees in their work. A collaborative approach ensures that the community runs smoothly and that everyone’s investment is protected.
The Takeaway
Trustees are the backbone of every sectional title scheme. Their responsibilities go far beyond administrative duties, they safeguard property values, ensure compliance, and foster community harmony. Understanding their role helps owners appreciate the work involved and encourages a positive, well-managed community.
