Pretor Residential Communities is the premier managing agent providing administration of Homeowners Associations
Pretor Residential Communities
Through our experience of administrating in excess of 480 sectional title complexes we have developed an extensive understanding of the differences and complexities involved in the administration of residential communities and the unique challenges they face. We have become the leaders in this field with an extensive portfolio comprising about 100 residential estates of varying sizes throughout the following areas:
- Pretoria North
- Pretoria East
- Pretoria Central
- Northern Johannesburg
Our staff has gained valuable knowledge and experience on the Companies Act with key staff having completed the UCT accredited Graham Paddocks course on home owners’ associations.
We have been instrumental in developing both Memorandum and Articles of Association of Section 21 Companies for our clients which are tailored to suit the specific requirements of their estates. Further we are currently assisting in converting the above to a Memorandum of Incorporation of non-profit companies in terms of the new Companies Act.
We also have extensive experience in the administration of multi-use estates with some of our larger estates comprising multiple sectional title complexes operating under the umbrella of a home owners’ association.
Our sophisticated financial and property management system runs off the SAP Business One platform and provides both staff and clients with a high level of functionality and access to live, realtime information on all our complexes at any given time.
All documentation referred to above is updated as and when transactions occur and can be made available to directors immediately upon request.
The system further provides us with the capability of pro-actively reviewing and managing our clients’ funds to ensure they are timeously invested to attract the best possible interest for their complex.
We pride ourselves on having experienced, highly qualified and friendly staff with all portfolio managers being required to complete formal industry training. Each of our portfolio managers are supported by a dedicated portfolio assistant and our financial department comprising of bookkeepers, payroll and clearances departments as well as creditors and municipal payments clerks. Further, our collections department has made great strides in reducing levy arrears and is headed up by an admitted attorney. All our staff work together to ensure we provide a professional and value-added service to our clients.
Pretor is registered with the following statutory bodies:
1. Estate Agency Affairs Board
Fidelity Fund Certificates are issued to Pretor and key staff. These are your assurance that the funds managed by us are insured by the EAAB.
2. Debt Collectors Council
We are registered debt collectors which is a statutory requirement for all managing agents collecting levies.
3. National Association of Managing Agents (NAMA)
We are active members of NAMA and have served on both the Gauteng North Committee and National Board of Directors of the Association.
4. Association of Residential Communities (ARC)
We have a close working relationship with ARC and have collaborated with them in addressing issues nationally affecting residential communities.
Through our experience in property development we have extensive understanding of the NHBRC requirements and developers’ obligations in respect of leaking roofs, plumbing, electrical and structural warranties. This has lead to us becoming specialists in facilitating the transition of a new development to a fully functioning and financially secure community.
We welcome the opportunity of introducing our services to you and invite you to contact us so that we can set up a meeting to determine your requirements.
Pretor is active in all spheres of the property market, but specifically focused on:
- Sectional Title Administration
- Residential Communities Administration
- Home Rentals
- Commercial Property Management
- Financial Services