WebBody corporates are administrative bodies made up of owners of a group of units in a complex or developed flats. If you purchase immovable property which is a sectional title … WebDec 1, 2014 · Costs of remuneration: As costs properly incurred by a practitioner, and presented as ‘attorney and own client’ costs payable by the body corporate to its own legal team. Costs of contribution: As costs recoverable from an opponent intended as an indemnification towards the (remunerative) costs incurred by the client, which can take …
Sectional Titles Act, 2009 (Act 2 of 2009) Namibia Legal …
WebMay 14, 2009 · (a)a general meeting of the body corporate may, in circumstances determined in the rules, be convened to be held on a date earlier than 30 days after the date on which notice of the proposed resolution has been given to … WebFeb 8, 2024 · VERINJAERAKO KANGOTUEOWNERS OF SECTIONAL title schemes or ‘flats’ as they are known in Namibia often think the body corporate is automatically responsible for the repairs and maintenance of their sections (units) and common property. name for bird doctor
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WebNov 7, 2016 · 26 (5) The audit of a body corporate’s annual financial statements: 1. Must be carried out by an independent auditor who has not participated in the preparation of the annual financial statements or advised on any aspect of the accounts of the body corporate during the period being reported on. 2. Web(c) a close corporation incorporated under the laws of any country other than Namibia, or under the laws of Namibia, in which the controlling interest is held by foreign nationals; or (d) a body corporate, trust, association or any other legal entity in which the controlling interest or benefit is not held by Namibian citizens;”; WebAug 31, 2024 · The Body Corporate which managed the Urban Space building, being the first respondent, obtained judgment by default under case number 2369/2015 against the close corporation in an amount of N$ 27 854-14, plus interest at the rate of 20% on that amount in respect of arrear levies and penalties for Unit 32. meehan electrical services