Archive for Sep 2013

DIRECTORS PART 1 – YOUR DUTIES, AND YOUR RISK

Your potential liability is in effect enforceable not only by your fellow directors but also by shareholders, employees and trade unions. All of them can, if need be, force the company to take action against you. All in all, your risk is high, and you need to understand, manage and restrict your exposure. Firstly, are you…

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SECURITY ESTATES BEWARE: YOUR LEVIES AT RISK IF OWNER GOES UNDER

Since HOAs rely on the collection of levies from members to fund communal expenses, they should always be protected in this regard by title deed conditions obliging all owners – To become and remain members of the HOA and to be bound by its constitution (with rules and regulations requiring prompt payment of levies), and…

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