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Sectional title levy calculator
Estimate a unit’s monthly and annual levy from the scheme’s budgets and the unit’s participation quota.
The formula
Unit annual levy = (administrative fund budget + reserve fund budget) × participation quota. Monthly levy = annual levy ÷ 12.
Worked example
A scheme with a R1 200 000 admin budget and R180 000 reserve budget has a total budget of R1 380 000. A unit with a 4% participation quota carries an annual levy of R55 200 — about R4 600 per month.
Assumptions & limitations
Assumes levies are raised strictly in proportion to participation quota (the STSMA default). Some schemes apply different bases for specific costs (for example metered utilities or exclusive-use areas), and special levies are additional. This is a planning estimate.
Informational only — not financial or legal advice. Confirm figures against the approved budget and the scheme’s rules.
Sectional title levy — FAQ
How is a sectional title levy calculated?+
A unit’s levy is its participation quota multiplied by the scheme’s total budget (administrative fund plus reserve fund). Divide the annual figure by twelve for the monthly levy. Under the STSMA, levies are ordinarily raised in proportion to participation quota unless the rules say otherwise.
What is included in the budget?+
The administrative fund budget covers day-to-day running costs (insurance, security, utilities, maintenance, managing-agent fees), and the reserve fund budget covers planned major repairs and replacements. Both are approved by owners at the AGM and recovered through levies.
Does this include the CSOS levy?+
No. The CSOS levy is a separate, capped monthly charge per unit. Use the CSOS levy calculator for that figure.