WHAT DOES AN OWNER OWN?

In buying into a scheme, a purchaser acquires a Section (or sections), and  an undivided share of the Common Property. These are collectively known as  a Unit. A section in a residential sectional scheme is usually a flat or townhouse, but may also be a garage, domestic staff room or external storeroom.  In many schemes, the garage and external rooms are not sections, but are parts of the common property of which individual owners have Exclusive Use.  A section extends to the mid-point of outer or dividing walls, the lower  part of the ceiling and upper part of the floor. The outer walls, roof,  space above the ceiling and foundations are not part of the owner's section.

Let us look at some practical examples.

A purchaser who buys a townhouse or flat along with a garage that  is shown on the sectional plan as being part of the section will acquire one section.

A purchaser who buys a townhouse or flat along with a garage that  is shown on the sectional plan as a separate section will acquire two sections.

A purchaser who buys a townhouse or flat that has the exclusive use of a garage will acquire one section and an exclusive use area. As we "will see later, there are various types of exclusive use areas.

A sectional plan is a plan which has been approved by the Surveyor General for the area in which the scheme is situated, and which shows the sections and common property. It must not be confused with a building plan approved by the local authority or a sketch plan used by developers and estate agents.

Wednesday, 01 February 2017 Posted in Sectional Titles

Leave a comment

You are commenting as guest.
UA-1709631-55