URGENT NOTICE
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Dear Property Owner

RE: BUILDING PERIOD DEADLINE – SANDOWN ESTATE 2 ESTATE

On behalf of the Board of Trustees, we hereby take this opportunity to remind you that in terms of the Architectural Guidelines and Constitutions of both the Estate and the Master Property Owners Association, construction of all home must be complete within 3 years of the first transfer (i.e. transfer from the City of Cape Town to the first purchaser).

The penalty levy for is 4 times the current levy to the Big Bay HOA. In addition to this, the normal levy remains applicable.

We hereby inform you that the HOA will be processing the Building Period Penalty of R2280 on to your account from the month of August 2007.

Please contact the Estate Manager, Mr Ben Lutumba, on 021 554 0865 or 083 752 7656 should you have any queries.

Yours sincerely

Yvonne Green
Service Provider: Big Bay Residential Estate Home Owners Association on behalf of the Board of Trustees

cc Chairman
Vice Chairman
Estate Manager