StraPlex | South Africa | Tool
Fee Split and Reserve Calculator: South Africa
Split a small building's yearly budget by each owner's share, check the reserve against the legal minimum where South Africa sets one, and total a simple reserve plan.
Split the yearly budget
| Section | Participation quota | Share | Per year | Per month |
|---|---|---|---|---|
| Section 1 | 25.00% | ZAR 3,750 | ZAR 313 | |
| Section 2 | 25.00% | ZAR 3,750 | ZAR 313 | |
| Section 3 | 25.00% | ZAR 3,750 | ZAR 313 | |
| Section 4 | 25.00% | ZAR 3,750 | ZAR 313 |
Levies follow each section's participation quota. The regulation does not say which rule applies at exactly 25%. Enter each owner's figure from the title documents; equal numbers give equal shares.
Is the reserve fund at least the legal minimum?
Enter last year's administrative fund contributions to see the minimum.
A simple reserve fund plan
List each shared item you will have to replace, today's cost and the years it has left. The yearly figure is the cost divided by the years, with no allowance for price rises or interest.
Columns: item, cost today (ZAR), years left.
The plan needs ZAR 4,542 a year. Your budget puts ZAR 3,000 a year into the reserve fund.
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Let StraPlex run your body corporate
StraPlex is an app that does the work of running a small body corporate. Its AI writes the notices, minutes and budgets, and the app tracks every deadline in the STSMA and its rules, splits the fees and answers owners' questions. You approve, and it sends. Join the waitlist and get it first.