a bit of history

Intersect Sectional Title Services has been administering sectional title schemes and home owners' associations, both commercial and residential, for 50 years.

Established in 1971, Intersect Sectional Title Services has combined its proven skills and established experience with the fresh, energised approach of its parent company, the Spire Property Group.

Spire has positioned itself as one of the leading independent property asset management group in South Africa and Intersect is an integral part thereof.

To download a Spire company profile, please click here.

Our staff:

Intersect is headed up by Chief Executive Officer, Leigh Maingard, who comes with a wealth of experience having spent the last 27 years working in the property management industry.

Leigh has completed the prescribed national qualifications at level 5 and has successfully completed the relevant professional designate exams.

He is supported by a team of skilled individuals, and each scheme managed is allocated the following staff resources:

• Property Manager - oversees the management of the scheme

• Property Administrator - handles all administration requirements of the scheme

• Debtors Administrator - receipts contributions and follows up on outstanding accounts

• Creditors Administrator - pays all invoices

• Accounts Administrator - prepares the monthly and annual financial statements

• Facilities Administrator - assists with the repairs and maintenance of the common property

Reporting:

We issue monthly reports to all trustees via a direct link to WeConnectU - our management system of choice.

The monthly report includes a trial balance, debtors' report, creditors' report, and a statement of income and expenditure. 

Over and above the monthly reports, our clients are welcome to request and or obtain additional reports whenever and as often as they wish via WeConnectU.

We also issue a management pack for all meetings, which not only includes the above reports but also any additional information that the trustees may require for their meetings.

Administration and Accounting:

All transactions are facilitated through trust accounts, opened in terms of Section 54 of the Property Practitioners Act 22 of 2019.  The trust accounts are audited annually, and an annual Fidelity Fund Certificate is issued by the the Property Practitioners Regulatory Authority (PPRA).

In terms of the Sectional Title Schemes Management Act of 2011, all our clients - in addition to their own trust account - have their own reserve and maintenance reserve bank accounts. All funds, in excess of expenses incurred on a monthly basis, or as foreseeable, is invested into these accounts.

We believe that reliable and efficient administration with strict adherence to procedural and fiscal disciplines is absolutely essential and enables us to provide a quality service to our clients.