WHAT IS SECTIONAL TITLE?
WHAT IS SECTIONAL TITLE?
A Sectional Title Development Scheme (usually referred to as a Scheme) provides for separate ownership of sections of a property by individuals.
These schemes fall under the control of the Sectional Titles Act, No 95 of 1986, which came into force on 1 June 1988. It is the Act under which an individual can hold Title to a Section of a building. This Act replaced an earlier Act (No. 66 of 1971).
- Hits: 5316