Sectional Title building management has the following
features and benefits:
- Sectional Title Debits are
automatically raised for each unit in a building and the levies are
calculated according to the participation quota (PQ).
- These regular debits
are linked to the debtor, whose record contains the PQ for the unit
- Special Sectional Title levies may
also be raised automatically to create further regular debits that have
- A facility exists to
capture meter readings in the event that each unit has its own meters,
however if there is only one meter for the whole building, the readings
may be captured and then the total usage is distributed according to the
PQs of the units.
- Facilities may be
tailored to suit current legislation.
- Rates for
electricity, water, etc are held in one place, so if these change, one
figure is altered in the system and all units will be automatically
- A statement is
generated for each unit, detailing all transactions, the meter readings,
- There is provision
on the statement for 3 different footer messages that may be specific to a
property, specific to a unit, or may be generated at the time of sending
out the statements. These can be used to announce special meetings, etc.