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CSOS Non-Registration – appeal for potential buyers

The failure of a community scheme to register with the Community Schemes Ombud Service (CSOS) under Act 9 of 2011 can significantly impact its standing and appeal for potential buyers. Prospective homeowners and investors often prioritize communities with established structures for dispute resolution, viewing CSOS registration as a symbol of transparent and accountable governance. Without …

CSOS Non-Compliance

Failure to comply with the requirements outlined in the Community Schemes Ombud Service Act 9 of 2011 (CSOSA) can lead to a multitude of consequences for community schemes. Firstly, non-compliance may result in legal repercussions, including fines and penalties imposed by the CSOS. These sanctions can strain the financial resources of the community scheme and …