Developer Services. New Scheme Establishment.

Set your new development up for long-term governance success from day one.

Getting the governance foundation right for a new sectional title scheme or HOA is critical. Errors in establishment create problems that can take years to resolve. Coastal Property Management works with developers from project inception to establish governance structures that protect developers, purchasers, and future trustees.

What is Included

  • New sectional title scheme CSOS registration
  • Body corporate or HOA establishment and rules adoption
  • Initial levies calculation and budget setting
  • PMR 28 prescribed conduct rules and management rules review
  • First AGM organisation and facilitation
  • Handover from developer to body corporate or HOA management
  • Initial trustee or director onboarding and training
  • Sinking fund plan and 10-year maintenance reserve plan
  • Initial insurance placement and valuation
  • Transitional management during sales and handover period

Embedded Within This Service

Full Financial Management & Reporting and Administrative Excellence & Compliance are embedded as standard. Your new scheme launches with complete governance infrastructure from day one.

Planning a new development on the KZN coast?

Speak with Coastal early. Getting governance right starts at planning stage.

Discuss Your Development