Search results

  1. L

    Mgt Fee in Arrears, withhold Insurance Claim?

    What is the damage if I can enquire? Plus repair value. Can the fee payers damage be processed independently? What is the policy excess? I would be looking to only allow a claim from a non payer when they paid up in full. It's great to not pay any fees and then make claims. Your premium will...
  2. L

    property Management Fee

    Without knowing the development the relative cost is meaningless. Lifts, gates, common areas, insurance, grounds, professional fees and other factors all play a part. The annual budget will detail all the costs. Go and review.
  3. L

    Common Areas Fees

    So a builder can levy fees without need to hold an agm or use the omc to manage the development. The common area lease will / should outline the transfer requirements. This is a separate document to the property lease. The builder should transfer when 85% of the development is complete from...
  4. L

    Balcony repairs - who has to pay

    So houses should have a lease, it's the only way they can be legally bound into the omc. Any repair needs to form part of the service fee cost but could be separate subject to timings and egm approval of the motion. The 75% mud act section refers to scenarios where the developer is on site...
  5. L

    Balcony repairs - who has to pay

    Service fee apportionment is stipulated in the primary lease and is how all service fees should be collected including savings for unforeseen expenses. Generally houses are separate to common buildings but you need to check.
  6. L

    Statement of Accounts

    When setting up a standing order or dd just use the first line of the address?
  7. L

    Statement of Accounts

    If a member has bank records to prove the transfer of funds and the account details as provided are correct then no action is required. However if the managing agent does maintain non payment simply provide all statements as need Edit: the agent would have to provide a balance of payment to go...
  8. L

    Should apartments bear costs for freehold houses in mixed estate?

    Can you clarify. Are these apartments all unoccupied (new) or are their existing? Have you seen a budget? The duties and responsibilities of an omc remain the same generally before and after the transfer of common areas. So you won't be paying for some bits of a development and not others...
  9. L

    Should apartments bear costs for freehold houses in mixed estate?

    The lease structure and designated lands are set up and established before construction commences. So if the houses are not in the omc they cannot be retrospectively added. In relation to the land the omc is responsible so contact the omc or developer whoever is responsible. With apartments...
  10. L

    Mgt Fee in Arrears, withhold Insurance Claim?

    An omc contract will typically have an overusing clause that services are dependant on payment of fees. I would absolutely be happy to process the claim once the debt is settled. Once word gets out that members can make no payments and get full services akin to cash withdrawals then don't...
  11. L

    Can Mgmt Co actually stop a sale of an apartment in arrears of mgmt fees

    technically correct but you would need a very cavalier solicitor to forgo all due diligence and conveyancing best practice. In such a case the new owner gets lumbered with the fees. Why bother when the seller needs to pay them?
  12. L

    Cost of Annual lift maintenance

    There are a small number of companies that offer those services.your maintenance is 2200 per lift which isn't extravagant. Phone costs seem ok as it's a monthly rental if land lines so about 30 a month? Plus the call centre services. A mobile approach may be better long term, get quotes. Lift...
  13. L

    property managment company directors and conflict of interest

    If payment of fees is 100% and all issues addressed and the sinking fund is awash then micro issues like this may be worth looking at. Personally it will just cause more issues than it will solve. Will people just change jobs or park elsewhere? Unlikely. More likley you will pick a fight over...
  14. L

    Turning Off Electricity Supply to Units of Non-Payers

    Well yes a cable in a wall assuming it's the reserved property is technically the omcs responsibility. I doubt they are tapping into these cables with switches for personal omc use! Responsibility to maintain is very different from right to curtail, restrict or remove. The lease may well...
  15. L

    Turning Off Electricity Supply to Units of Non-Payers

    Highly unusual. An omc generally does not own the electrical distribution system and would have little recourse to switch off. Contact your provider and let them know that your supply is being interfered with on a regular basis. Did they notify of this in writing?
  16. L

    Mgmt company preventing short term lets

    A boarder or lodger is person that occupies the property with and buys a room. Like a b&b. If you rent out the entire property they are not that. Either way the omc would need to take an expensive civil case.
  17. L

    Apartment block has extra apartment built with no planning permission

    Firstly you will not have to move out when the insurance lapses. Don't even worry about it because no one will come to your door. I wouldn't even bother telling your lender. Have your omc held a meeting to discuss?
  18. L

    Apartment block has extra apartment built with no planning permission

    It is very unlikely anyone will be asked to move out. Having no insurance won't prompt such an action. The receiver may be a slight issue. On the one side they are very hard to work with and operate outside the boundaries of normal legal practices. On the other side they will have no real...
  19. L

    Apartment block has extra apartment built with no planning permission

    Possibly has no right of access if it's a loft space. Good thought re the minute to satisfy the insurers if all power and water are removed (plus sinks and wcs and primary kitchen fittings) and the space is no longer habitable, door is sealed shut then might be enough. Insurers are pedantic...
  20. L

    Apartment block has extra apartment built with no planning permission

    All omc costs are bourne by the owners. In this case you need to weigh no buildings insurance which gives your property zero value and makes it impossible to sell as well as being very risky in terms of any loss. Imagine if the owners have to fund a mortgage for a property that doesn't exist...
Back
Top