9.1 All members of the EHOA shall make contributions to the levy fund which shall be utilised for the maintenance, upkeep, control, management, administration and safety of Essenwood. Provisions will be made for future maintenance and repairs and upkeep.

9.2 Levies become payable from the date of transfer of the property and are payable monthly, in advance on the first day of each and every month.

9.3 Clearance certificates, required in order to eaffect transfer, and issued by the Managing Agent will NOT be issued unless the seller’s levy account is fully paid up. Purchasers of properties in Close Corporations should exercise caution in taking transfer of members’ interests, as any arrears levies will become the responsibility of the new member/s and the these rules and regulations will then apply to the new owner/s.

9.4 While all steps are taken by the EHOA to ensure postal and contact details are correct, in order to ensure that bills of account reach their destination, the onus is on the owners to ensure that their details are correct and kept updated with our Managing Agent.

9.5 Owners whose levies and/or any other charges have not been paid, in full, by the first day of the month on which they are due, will receive a reminder. R100.00 towards administration fees and penalty will automatically be charged to owners who remain in arrears after the seventh day of the month. Should the account still be in arrears on the first day of the following month, finance charges at the maximum rate permitted by the Usury Act, at the time, will be levied and collection procedures will commence.

9.6 No construction may take place or continue if and when levies are in arrears

9.7 Levies for the following month are processed on approximately the 19th day of the current month in order to allow for timeous processing and posting. All levy payments up to this date will be reflected on the statement, payments received after the 19th will be reflected on the following month’s statement.

9.8 The EHOA reserves the right to take legal action on any overdue account. Legal action may be taken in the form of a letter of demand from our attorneys on all accounts in arrears over 30 days and, thereafter, further action as is deemed necessary, in liaison with our attorneys, to recover monies outstanding.

9.9 Should the EHOA hand over any arrear levies for collection, the owner shall pay fees calculated on the attorney/own client cost/fees scale, including collection commission and tracing fees, if any.

9.10 Should a difference between the EHOA and an owner not be resolved along normal avenues and litigation ensues, the owner and the Trustees consent to the jurisdiction of the Magistrate’s Court.

9.11 The EHOA reserves the right to publish the name and stand numbers of owners who have defaulted on their levies.

9.12 Owners whose levy payment, despite due notification, are in arrear by 90 days or more may:

· Be disconnected from the intercom system

· Not be permitted use of the common area for visitors parking. Visitors will be required to park outside the complex.

· Have the privilege of automatic entry associated with their windscreen sticker(s) removed. They will be required to sign in at entry.

· Lose any other privilege afforded to paid up owners, their guests and employees.

9.13 The Trustees may amend or add to the Conduct Rules from time to time, as may be deemed necessary to ensure the happy and orderly coexistence of residents.