Unfinanced Levy Collections

Nina Bulteel The ugly duckling of communal living in South Africa. When one thinks about purchasing a property to call “home”, many seem to be gravitating towards community-living. The pros seem to be endless, right? Better security; at times, it is more affordable to purchase a unit compared to a...

Danielle Binneman Smart levy collections can protect the financial health of a Community Scheme. Levy recovery is more than a back‑office function — it is the financial heartbeat of every Community Scheme. When arrears are not managed strategically, the entire body corporate feels the strain. In levy collections, one size...

Amdené Viljoen Effective arrear levy management is essential for the financial stability of every Community Scheme. Levy payments are fundamental to the proper functioning of a Community Scheme. A correctly calculated and approved budget provides for the day-to-day operational expenses of the Community Scheme, while also ensuring that adequate provision is...

The economic crunch in South Africa means many schemes, bodies corporates, share-block companies and homeowners’ associations, are under intense financial pressure, primarily as a result of escalating levy arrears within schemes. ZDFin, a team comprising of Financial and Property Management experts, have first-hand experience and understanding that that levy arrears...