Understanding this distinction matters when budgeting for a sectional title purchase — levies aren't just an extra cost on top of a bond, they fund building insurance, maintenance and common area upkeep that an owner would otherwise have to arrange individually in a freehold home. It also explains why sectional title owners have far less freedom to renovate than freehold homeowners, since changes affecting the exterior typically require body corporate consent.
Source: Sectional Titles Schemes Management Act 8 of 2011
Frequently Asked Questions
What exactly does a sectional title owner legally own?
The interior space of their section, as defined on the sectional plan, not the external walls, roof or structural elements of the building.
Who is responsible for insuring the building itself?
The body corporate, using funds collected through monthly levies, is responsible for insuring the building's structure and common property.
Can a sectional title owner make changes to the exterior of their unit?
Generally not without the body corporate's approval, since the exterior forms part of the common property owned collectively by all owners.