‘Ruthless’ body corporate accused of ‘bankrupting’ Joburg complex residents

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Owners at a Lyndhurst sectional title complex have accused their body corporate of overcharging residents into financial ruin when it comes to utilities. This as a property company claims at least one of the residents is being overcharged, according to its analysis. Despite numerous complaints to The Rose body corporate’s board of trustees, residents say they spent years being charged exorbitant water rates without meters, which were only recently installed this year. Even so, bills are still running into their thousands every month, ostensibly because the body corporate makes owners pay for tenants who rent the outside units in the…

Source: citizen