Looking for some sound advice.
We are at the point of signing contracts on the sale of our Apt. In Dublin. We are looking to sell on as tired of managing the property from Wexford.
The MUD ACT Queries were all answered and there were no obvious issues.
Last Friday the purchaser's solicitor asked the following:
"Why were the communal (common)areas not transferred to the MGT Co." seeing that the develoment was completed in 2007?
Should this have done by NOW?
Seemingly there is a leak issue in another block and the mgt co. are not willing to take it in charge until this has been sorted as there are legal proceedings.
This doesn't help us trying to sell because as of this evening, we have been told by the auctioneer that it was likely that the sale would not go through!
We have been trying to sell since last April!
Where do we stand on this?
There is an AGM of the development next Tuesday.
Is it just bad luck or do we have any recourse?
Any thoughts or advice would be appreciated.
We are at the point of signing contracts on the sale of our Apt. In Dublin. We are looking to sell on as tired of managing the property from Wexford.
The MUD ACT Queries were all answered and there were no obvious issues.
Last Friday the purchaser's solicitor asked the following:
"Why were the communal (common)areas not transferred to the MGT Co." seeing that the develoment was completed in 2007?
Should this have done by NOW?
Seemingly there is a leak issue in another block and the mgt co. are not willing to take it in charge until this has been sorted as there are legal proceedings.
This doesn't help us trying to sell because as of this evening, we have been told by the auctioneer that it was likely that the sale would not go through!
We have been trying to sell since last April!
Where do we stand on this?
There is an AGM of the development next Tuesday.
Is it just bad luck or do we have any recourse?
Any thoughts or advice would be appreciated.