KVV Inc. Training Centre Test - Difference between Sectional Title & Freehold Property

Difference between Sectional title and Freehold Property
This is a Multiple Choice questionnaire of 10 questions.

Please read each question carefully and provide your answers as indicated.

Good Luck!

T&C's apply.

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* 1. Kindly provide your full details to begin with test.

Full Name

Company

Email Address

Contact Number

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* 2. Which of the following properties is a Sectional Title Property?

Unit 10 Bokmakierie Villas

Erf 300 Theresapark Extension 1 Township

Nr 150 Brits Avenue

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* 3. Which of the following properties is a Freehold Stand?

Erf 150 Pretoria North Township

Unit 1 Willows Place

Portion 1 of Erf 250 Dorandia Extension 2 Township

Both a & c above

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* 4. By which type of plan is a Freehold Stand registered in the Deeds Office?

General Plan

Sectional Title Plan

Building Plan

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* 5. By which type of plan is a Sectional Title Unit registered in the Deeds Office?

General Plan

Sectional Title Plan

Building Plan

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* 6. What do you own in respect of a Freehold Stand?

The land only

The building only

The land as well as the building on it

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* 7. What do you own in respect of a Sectional Title Unit?

The unit (building) only

The unit (building) only as well as an undivided share in the Common Property

The land as well as the building on it

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* 8. What type of rules govern a Freehold Property?

Municipal Bylaws

Body Corporate Rules

There are no rules for Freehold Property

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* 9. A Sectional Title Owner does not have to pay Rates & Taxes to the municipality

True

False

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* 10. An owner of a Freehold Property is liable for his/her own Home Owners Cover Insurance

True

False

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* 11. The levies payable in a Sectional Title Complex will include the insurance for the structure and common property

True

False