Sectional title ownership is popular in urban areas, where apartments, townhouses, and complexes are common.
This form of ownership means that you own a section or unit within a complex along with an undivided share of the common property, such as gardens, swimming pools, and clubhouses.
Sectional titles are governed by a Body Corporate, established at the opening of a Sectional Title Scheme. They are responsible for managing the common areas and enforcing rules.
As an owner, you’ll pay monthly levies to the Body Corporate for general maintenance and security, but enjoy the perks of shared amenities and community living.