March 09, 2025
The difference between a Managing Agent and an Executive Managing Agent (EMA)
The body corporate is the governing body of sectional title schemes. The body corporate then elects a group of trustees to act as their executive body at every annual general meeting of the members. The trustees’ powers and functions are subject to the provisions of the Sectional Titles Schemes Management Act 8 of 2011 (the “STSM Act”); the rules applicable to the scheme; and any direction given or restriction imposed by the body corporate.
