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PART 3 - BUILDINGS BODY CORPORATE REQUIREMENTS

More Complicated Improvements To Common Property - Part 3

 

In Part 2 of this series we had a look at Minor Alterations to common property with trustee consent.

In this newsletter
 we will look
at more complicated improvements.  For these, trustees do not have the authority to make a decision and the decision is referred to themembers of the body corporate - in other words the owners of the units.

contractor-preparing-for-work-XU8E94H.jpg?v=1586344855089

 

Member consent is required for improvements to the common property in the following two categories - those that are 'reasonably necessary' and those that are 'not reasonably necessary'.

The best way to distinguish the two kinds of improvements is to regard an improvement that is 'not reasonably necessary' as anice to have as opposed to a 'reasonably necessary' 
improvement, which could be described as useful.

Article courtesy of Marina Constas and Karen Bleijs
Demystifying Sectional Title 

In Part 4 of this newsletter we will expand on the idea of improvements not necessary and only 'nice to have'.

CYBER CRIME



Thanking Hollard Insure for keeping us in the know.

 

Cyber Crime… Knowledge is power and it’s always good to be a step ahead rather than part of the statistics.

 

Now more than ever, people from all walks of life are reliant on technology to get them through the day.

 

Cyber is one of the top risks we face; as criminals move away from risky, violent crime to the unknown, faceless world of cyber-crime, a wider range of possible victims are exposed.

 

Should the unforeseen occur and you do suffer a cyber incident, having a Cyber Insurance Policy can assist in limiting the damages suffered both by you, the individual, and your company.

Coverage extends from theft of funds to business interruption, cyber extortion, public relations and forensic investigation costs, and liability cover for your company.

Cyber insurance policies provide wide-ranging coverage for a multitude of cyber-related perils.

 

Cyber safety while working from home:

To contain the spread of the coronavirus, companies around the world have instituted what has become the largest “work from home” movement in history.

 

Remote working brings many benefits; studies by the Harvard Business Review and Stanford University have shown increased productivity and reduced staff turnover among remotely working staff.

Despite all these benefits, there are however some potential downsides, notably in relation to cyber risks.

 

In the wake of large-scale global events, cyber criminals are among the first to attempt to sow discord, spread disinformation, and seek financial gain.

 

Please be on the lookout for the following:

  • Phishing emails with malicious links or attachments
  • COVID-19 related investment scams 
  • Miracle products claiming to prevent, detect, or cure COVID-19
  • Online retail fraud and counterfeit goods related to the virus, and donation or fundraising scams

 

Here are some simple pointers to help keep you and your company safe while working remotely.

 

Ensure that your Wi-Fi connection is secure

If you’re making use of your own home internet connections e.g. fibre lines, consult user guides and configure a secure password for your Wi-Fi network. Below is a brief guide on how to do this:

 

1.       You need to access your router to change the password. The quickest way to access your router is through a web browser, e.g. Internet Explorer, Google Chrome, etc.

2.       Most routers come with a manual specifying the IP address of the device allowing you to connect to it. Most routers use IP address: 10.0.0.2, 192.168.0.1 or 192.168.1.1, but your user manual should help guide you

3.       Browse to the correct IP address in your browser and enter the default router username and password (should you not have already changed this), these are typically:

1.       Username: admin

2.       Password: admin or password

 

3.       If these login details don’t work or you have forgotten what you changed your credentials to, resetting your router should reset the credentials to the above. Again, consult your user manual on how to reset your router; it generally requires holding in a reset button

4.       Once logged into your router, select ‘Change Wireless Password’ or select ‘Wireless settings’, Setup or Wireless depending on your router type. Type in your new Network Key (new wireless password), select apply or save, and then reconnect your devices using your new wireless password

5.       While you are on the interface for your router, it’s perhaps not a bad idea to change the default password from admin or password as may be relevant. Try and avoid making use of public Wi-Fi, particularly if you are not totally sure that you are connecting to a legitimate Wi-Fi connection. Another useful tip is to tell your device to forget those networks that you do not connect to on a regular basis

 

1.       Ensure that your endpoint protection (e.g. anti-virus) is installed and fully updated.

2.       Ensure that security patches and updates are applied as soon as possible after release.

3.       Enable encryption on your endpoint, as well as any storage devices being used.

4.       Make sure that you are using a secure connection to access your work environment (e.g. VPN), ideally with multi-factor authentication.

5.       Lock your screen if you are working in a shared space, and don’t leave your devices unattended.

 

 

During a recent Carte Blanche exposé, Your Money or Your Data – The Rise of Ransomware, it was reported that an attempted ransom attack cost Johannesburg’s City Power utility an estimated R50-million in downtime and associated experts’ time and fees. The encryption of City Power’s data brought the utility to a standstill.

 

 Please take a look at the Carte Blanche video:

 

https://www.youtube.com/watch?v=jDFz357C-04

PART 2 - LIVING IN A COMPLEX, ESTATE , COMMUNITY PART OF A BODY CORPORATE OR SCHEME

Minor Alterations to Common Property - Part 2

Thank you to CIA UNDERWRITERS FOR THIS INFORMATION

 


In Part 1 of this series we had a look at what is common property, in this part we will be looking at Minor Alterations to common property - trustee consent.


Model Conduct Rule 4(1) reads: "The owner or occupier of a section must not, without the trustees' written consent, mark, paint, drive nails, screws or other objects into, orotherwise damage or deface a structure that forms part of thecommon property."

david-pisnoy-46juD4zY1XA-unsplash.jpg?v=1581327601934

 

The legislator goes on to say that an owner or occupier must be considered to have trustees' permission to install a locking or safety device to protect his section against intruders, or a screen to prevent the entry of animals or insects.

Further to this, the device or screen must be soundly built and the design, colour, style and materials must be approved by the trustees in writing.

Article courtesy of Marina Constas and Karen Bleijs
Demystifying Sectional Title 

In Part 3 of this newsletter we will be moving on to the more complicated improvements...

DO YOU LIVE IN AN ESTATE , COMPLEX , COMMUNITY PART OF A BODY CORPORATE OR SECTIONAL TITLE SCHEME - COMMON PROPERTY PART 1

Thank you to CIA UNDERWRITERS for their information

 

Continuing with our Advice from the Experts series, we will over the next few newsletters be looking at the Common Property of a sectional title scheme.

Common property in a sectional title scheme includes all areas other than those designated as sections on the sectional plan. 

In other words everything
outside the section
 such asdriveways, pavements, fences, gates, communal gardens and club houses all form part of the common property.

isaac-wolf-bYaqZ8WdoVA-unsplash.jpg?v=1581322410851

 

According to the Sectional Title Schemes Management Act (STSMA), common property falls into 3 main areas:

  • The land in the scheme;
  • Those parts of the building or buildings that are not included in a section (a section is the area inside a unit between the walls including the ceiling, floor, doors and windows) and;
  • Any extra land that the body corporate decides to buy to increase the common property size (after the written consent of all its members have been obtained).

Common property is therefore owned by all members of the body corporate in undivided shares according to the participation quota of their respective sections.  In simple terms, the size of the sectiondetermines the size of the share that the unit owner holds in thecommon property.

Because it is an “undivided share” no one can request the land on which the scheme is built, or any other parts of the common property be divided or separated. This is simply not possible from a practical or legal point of view.

Article courtesy of Marina Constas and Karen BleijsDemystifying Sectional Title 

In Part 2 of this newsletter we will look at Minor alterations to Common Property - Trustee Consent.

DURBAN AND SURROUDNING AREAS ARE SEEING AN INCREASE IN CRIME DURING THE LOCKDOWN PERIOD

4 May 2020 – information supplied by BLUE SECURITY THANK YOU

PINETOWN BUSINESS FALLS VICTIM TO ARMED GANG’S LIQUOR LOOTING SPREE

Durban commercial owners are warned to increase or upgrade security measures onsite during Lockdown to prevent becoming a statistic of crime. This follows a number of industries and businesses being targeted by criminals this week throughout greater Durban.

“An armed gang went on a six-hour looting spree at a Pinetown business from 11pm on Tuesday night through to 5am on Wednesday clearing the premises of a vast amount of liquor after tying up the security guard,” said Blue Security community and media liaison officer, Andreas Mathios.

“The three suspects arrived in a vehicle and held up the security guard at gunpoint before tying him up and locking him in a car. “Evidence shows that they gained access to the premises by cutting the wire fence, breaking a window and cutting the roller-door locks. They also damaged the alarm system,” Mathios said. They then spent the next six hours loading the getaway vehicle with boxes of wine, whisky and vodka. “It was established after the incident that stolen items included two plasma TVs, two laptops and multiple boxes of wine, vodka and Scotch whisky. Investigations are continuing,” Mathios said.

In a separate incident a business owner arrived at his business premises in Umbilo on Wednesday morning and discovered that the office had been robbed. “It appears that suspects had broken into the building early on Wednesday morning. Access was gained to the reception area by breaking a window and cutting through the burglar bars,” Mathios said. “The main office and reception area was ransacked and a laptop and large amount of cash was removed. Umbilo SAPS attended the scene and the case is under investigation,” Mathios said.

A business owner in Isipingo Rail was also targeted on Wednesday morning. “A check of the premises revealed that access had been gained via an open window on an upper level of the building. The burglar bars were still intact,” Mathios said. “Investigations showed that a computer screen and digital camera had been removed from the premises. Isipingo SAPS attended the scene,” Mathios said.

“A business in Jacobs was also targeted before 5am on Thursday morning. A check of the building indicated that a front window on an upper level had been forced open. A screwdriver was found nearby. An initial check showed that only a toolbox had been removed,” Mathios said.

“Lockdown is not deterring criminals and in some instances quieter industrial or retail districts are a boon for illegal activities to occur undetected,” Mathios said. “It is therefore vital that businesses ensure their premises are sufficiently protected with well-maintained and efficient security systems,” Mathios said. “Ensure perimeters have electric fencing, are well-lit and are connected to a security provider’s control room. Arrange for regular patrols by a security provider. On-site guards should also be provided with remote panic buttons that can be activated at any sign of trouble,” Mathios said.

If you have found our page and blog to be helpful ,please share .

 

Be safe

THE ES BROKERS TEAM




WORKING FROM HOME BLOG - CYBER LIABILITY

To contain the spread of the coronavirus, companies around the world have instituted what has become the largest “work from home” movement in history. While the adoption of remote working has steadily increased over the past couple of years, an interesting likely by-product of the coronavirus is a significant increase in the adoption of remote working.

 

Remote working brings many benefits; studies by the Harvard Business Review and Stanford University have shown increased productivity and reduced staff turnover among remotely working staff. Additional benefits include companies being able to reduce office costs, from rent to power savings and reduced coffee costs. There are also a number of environmental benefits.

 

Despite all these benefits, there are however some potential downsides, notably in relation to cyber risks.

 

In the wake of large-scale global events, cyber criminals are among the first to attempt to sow discord, spread disinformation, and seek financial gain.

 

Please be on the lookout for the following:

  • Phishing emails with malicious links or attachments
  • COVID-19 related investment scams 
  • Miracle products claiming to prevent, detect, or cure COVID-19
  • Online retail fraud and counterfeit goods related to the virus, and donation or fundraising scams

 

Here are some simple pointers to help keep you and your company safe while working remotely.

 

Ensure that your Wi-Fi connection is secure

 

If you’re making use of your own home internet connections e.g. fibre lines, consult user guides and configure a secure password for your Wi-Fi network. Below is a brief guide on how to do this:

 

1.       You need to access your router to change the password. The quickest way to access your router is through a web browser, e.g. Internet Explorer, Google Chrome, etc.

2.       Most routers come with a manual specifying the IP address of the device allowing you to connect to it. Most routers use IP address: 10.0.0.2, 192.168.0.1 or 192.168.1.1, but your user manual should help guide you

3.       Browse to the correct IP address in your browser and enter the default router username and password (should you not have already changed this), these are typically:

1.       Username: admin

2.       Password: admin or password

3.       If these login details don’t work or you have forgotten what you changed your credentials to, resetting your router should reset the credentials to the above. Again, consult your user manual on how to reset your router; it generally requires holding in a reset button

4.       Once logged into your router, select ‘Change Wireless Password’ or select ‘Wireless settings’, Setup or Wireless depending on your router type. Type in your new Network Key (new wireless password), select apply or save, and then reconnect your devices using your new wireless password

5.       While you are on the interface for your router, it’s perhaps not a bad idea to change the default password from admin or password as may be relevant. Try and avoid making use of public Wi-Fi, particularly if you are not totally sure that you are connecting to a legitimate Wi-Fi connection. Another useful tip is to tell your device to forget those networks that you do not connect to on a regular basis

 

1.       Ensure that your endpoint protection (e.g. anti-virus) is installed and fully updated.

2.       Ensure that security patches and updates are applied as soon as possible after release.

3.       Enable encryption on your endpoint, as well as any storage devices being used.

4.       Make sure that you are using a secure connection to access your work environment (e.g. VPN), ideally with multi-factor authentication.

5.       Lock your screen if you are working in a shared space, and don’t leave your devices unattended.

 

Attackers are very quick to leverage major news stories such as the coronavirus as a base for their attacks. If anything seems suspicious or too good to be true, please be sceptical – rather safe than sorry, as the saying goes.

 

Should the unforeseen occur and you do suffer a cyber incident, having a cyber insurance policy can assist in limiting the damages suffered both by you, the individual, and your company. Coverage extends from theft of funds to business interruption, cyber extortion, public relations and forensic investigation costs, and liability cover for your company. Cyber insurance policies provide wide-ranging coverage for a multitude of cyber-related perils.

 

As we fight against the spread of COVID-19 and impact it continues to have on businesses around the world, remote working need not be a further woe. In fact, it has the ability to be the exact opposite and could result in increased productivity, higher morale and lower operational costs into the future.

 

Thank you to Hollard Insurance Company for the information



DURBAN ROOF TOP CRIME ON THE INCREASE THE LAST WEEK

COMMERCIAL CRIME TREND ALERT: ROOFTOP INCIDENTS ON THE CLIMB

Blue Security has warned business owners that criminals have been targeting businesses and either seeking entry via or fleeing across the roof of various commercial buildings in recent reports.

Nine incidents where this modus operandi was used were reported over the past four days alone, in Umbilo, Kingsburgh, Prospecton, Pinetown and Botha’s Hill, but swift response and decisive action by our tactical force, reaction officers and SAPS members led to the arrest of multiple of these suspects. In one of our most recent arrests, two criminals connected to business break-ins were apprehended by our armed response officers and a member of our Durban North tactical unit.

We are urging business owners to ensure that alarm systems, external beams and alarm sensors in ceilings are in good working order.

In the most recent incidents, would-be cat burglars were foiled in their getaway attempt in a team effort with SAPS in Umbilo in the early hours of Wednesday morning.information from Blue Security, thank you




ROOF TOP CRIME



ROOF TOP CRIME ON THE RISE:

Roof security is an issue. Criminals have realized houses with tile roofs are easy targets. 
Roof tiles are quickly opened up, and access gained into the house by breaking through the ceiling boards is a simple task.

Living in a secure environment is key for many people either renting or owning a property. 
The rise in crime is linked to the increasing rate of unemployment. 
Thieves have become smarter and more creative having the ability to swiftly circumvent burglar bars, gates, alarm systems, etc. but now getting in through the roof tiles.
Your House is your Castle! Make sure you have adequate insurance cover for these unfortunate events. 
Our team is standing by to best advise you on the right cover.
Visit: www.esbrokers.co.za for more info or to contact us.

Article written by Andrew Ensor-Smith

STREAMLINE YOUR INSURANCE DURING LOCKDOWN



HOW TO STREAMLINE YOUR INSURANCE COVER IN TOUGH TIMES:

During times of uncertainty people tend to react out of FEAR (based on news clippings and News Channels)  and start making decisions based on Emotion, rather than logic.
Over the last 30 years in the Insurance Industry we have seen people making really silly financial decisions , regarding their Insurance cover and come to regret it later because they were more focused on the premium saving opposed to the Risk of something going wrong, and lived to regret their decision based on reactiveness. 

This period is only temporary and we will get through it.
The question is :
* Will you come out of it The same or worse off or
* Will you come out of it Better and stronger

We would like to clear up what is covered under your Short term Insurance policy and what is not:
Short term insurance covers the risk transfer for piece of mind (A premium in exchange for covering the defined event)
* Building
* Home Contents
* All Risk Items
* vehicles
Sub Categories of vehicle cover would include:
- Credit Shortfall
- car Hire
- Roadside Assistance
- Excess waver
* Business insurance 
* Loss of Profits

What is not covered under a typical Short term Insurance Policy:
* Credit Life
* Income Protection
* Loss of income/loss of profits resulting from Epidemics/viruses
* Job loss through COVID-19
* Cash payout to pay expenses due to no work
* deferred premium payments still expecting full cover

Disclaimer:
We are not licensed to give advice on life insurance policies and or investments and would recommend that you contact your Life advisor on these matters.
However ,we can share with you what we have done personally and what options are available to you, so that you can make smart and sound choices to streamline your Insurance cost without prejudicing your cover.

Here are a few tips to help you reduce your expenses in the next 30, 60 & 90 days:
1) Phone your Bond account holder and ask them about a deferred Bond payment plan
2) Phone your vehicle Finance company and apply for a 3 month Moratorium (Where the next 3 months debits will be much less and the balance added to the remaining contract from August)
3) Remember where vehicles are Financed they must be comprehensively insured (Its a condition of your contract agreement with the finance company)
4) Rather cut you DSTV premium first, before cancelling your car insurance.
5) Other services that are not essential right now such as garden services, pool services, monthly donations to charities etc
6) Do not cancel your vehicle tracking or armed response alarm at the premises (as this would be a condition of cover)
7) How to reduce insurance premiums:
(a) If your class of use is Business and the car is at home reduce the class of use to Private (+/- 25% saving)
(b) Delete the Frills and spills on your vehicle section (if you have selected them) such as, car hire, excess waver, credit shortfall
(c) Look at taking a higher excess in return for a larger motor discount
(d) Specified items such as Jewellery, laptops, cell phones, tools (that are portable), look at deleting this cover whilst at home. You can always add this back later when you are back on your feet. (There has to be some risk versus reward from your side).
8) You could ask your Personal lines insurer to delete the theft cover and only insure your contents for fire related perils only (Please think this through before making this decision as roof top burglaries are on the increase right now).
9) If your vehicle is paid up you have the option to reducing the cover from full Comprehensive to Balance of Third Party, Fire and Theft.
10) The ultimate last resort (if there is no money in the budget), look at taking out certain sections that you are prepared to take the risk on and only insure the items of value, such as your building and your vehicle/s

We have Weathered the storms before and we have got through it, we are good at what we do and confident that we can deliver the right advice to help you get through this with as little financial loss as possible.

Whether you are a client of ES Brokers or not, our mission and vision will always remain the same: - Offering valued advice to help and serve our friends , clients and to impact our Communities in a positive way.

If you need any assistance whatsoever please leave your details on our website or send us a direct What's App Message from www.esbrokers.co.za.
We would love to help you in securing your financial future
#Team ES Brokers

Article written on 21 April 2020 by Andrew Ensor-Smith


BURGLARIES ARE ON THE INCREASE, MAKE SURE YOU ARE COVERED!



 Good morning world,

During this time we would like to remind you of the cover under the Theft Section of your Commercial Policy and could also apply to your personal house content cover, in order for you to comply with your policy cover requirments if an alarm is required. We urge you to please check this as it is a time when we may see increased burglary/break in attempts.

Please ensure that your Security Company keeps you informed about the activities in and around your Premises, and that they are monitoring the alarm activation at all times. 

If you do not get an sms notifying you of the opening and closing signal, then you would need to request that your Security Company monitors the premises regularly, ensures that the alarm is activated at all times and notify you as soon as they find anything out of the ordinary.

 Theft cover under your Commercial Insurance Policy is subject to forcible or violent entry/exit from your premises.

There must be visible signs of forced entry/exit in order for the Insurance Company to entertain a break in/ burglary/ theft claim.

Please also take note that the following endorsement under the Theft Section of your Policy, could also be applicable to your specific cover.

 

Burglar Alarm Warranty:

Theft of the insured property from any building on the insured premises as specified in the schedule or any attempt thereat accompanied by forcible and violent entry into or exit from such building (s) is subject to the following conditions:

It is a condition precedent to the liability of the company and warranted that:

a) A radio - controlled burglar alarm system which is connected to the control room of a security firm, that will respond to the activation of such alarm by means of a reaction unit, is installed in the building (s) and be made operative wherever the building

(s) is / are not open for business unless a director or employee of the insured is in the building.

b) Such alarm system be maintained in proper working order but the insured shall be deemed to have discharged their liability therefore if they have maintained their obligations under a contract with their suppliers or servicing engineers of the alarm system.

c) Theft of the insured property following the use of keys of the burglar alarm or any duplicate thereof belonging to the insured is not covered unless such keys have been obtained by violence to or thereat of violence to the insured, director or employee of the insured.