Why should you move in with ASI Property?

We save you time, effort and money

We manage your assets to ensure your financial reserves are maintained

We protect the marketability of your development

We safeguard your development

We protect Body Corporates by instilling a currency of Trust and Purpose. We never deviate from our mandate nor purpose

ASI Property is a subsidiary of the ASI Capital group, which incorporates ASI Financial Services (Pty) Ltd. We’ve been in business for over 13 years and have become a household name when it comes to Health, Wealth, Insure, Invest and Retirement

Let us manage your admin safely and securely,

so you can spend time focusing on servicing your new and existing clients.

What do we do for you as your Managing Agent?

ASI Property aids sectional title complexes with all the statutory requirements as set up in the Sectional Title Schemes Management Act. This ensures that the management of the entire property and all tasks pertaining to the maintenance is managed in a professional and timely manner.

Maintenance

We facilitate the distribution of proper notices, communications and obligatory and even adhoc circulars to owners.

We provide assistance to any owner with regard to queries related to levy statements and any finance matters related to the complex.

We oversee the appointing of professional, reputable contractors.

We facilitate the management of the complex through the distribution of proper notices to owners and tenants along with their monthly statements.

We facilitate accurate meter readings and billings.

We also handle common property insurance claims and aid owners with insurance claims relating to their section in sectional title developments.

Legal

We advise Trustees on any legislative and procedural matters related to the running of the complex.

We ensure that the complex complies with the Sectional Titles Act in respect of the update and retention of minute books, attendance registers and all other permanent records of the complex.

We interact with Government and / or Industry Bodies / Regulators regarding all necessary licenses and consents required by the complex.

Finance

We manage the funds, payment of service providers and facilitate the collection of outstanding debt.

We maintain accounting records, ensuring that all statutory requirements are met, and the monthly billing of levies is accurate.

We handle common property insurance claims with the appointed broker on behalf of the complex.

We track the outstanding levies and other monies owed by owners to the complex and take instruction to engage with the complex’s designated attorneys if necessary.

We pay all service providers, municipal accounts, taxes and any other expenses of the complex from the levies collected.

We construct and present the monthly financial report to the financial Trustee / Director.

We manage monthly statutory payments with regards to UIF and PAYE.

Annually, we assist in the preparation of the annual budget for the complex, and interact with the auditors to finalise the annual audited financial statements.

 

We arrange for timeous annual submission and payment to SARS.

Meetings

We host and assist with all Trustee meetings and Annual General Meeting (AGM) activities.

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