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You have seen the budget for 2008, this should determine the charge per unit - is there anything on the list that you disagree with or do not receive? The fee is only reasonable or unreasonable in relation to the budget, each development is unique in terms of potential upkeep costs so comparisons with other developments need to be undertaken very carefully.Is this fee resaonable? We do have elec gates but there are no lifts in the building.
Some developments differentiate between larger and smaller apartments but not all. It is dependent on the arrangements in place what the approach is. The difference would not necessarily be that significant though as many amenities that may be covered by the management fees are independent of the size of the residence (e.g. gates, grounds maintenance, common area cleaning, waste disposal etc.). Really only the building insurance element might vary with unit size.Should owners of 1 beds pay the same as owners of 2/3 beds?
I would say no, you aren't really entitled to withhold your management fees pending an answer. This comes up time and again. You are withholding your fees from yourself. The management agent acts on your behalf as a member of the management company. It is not an imposition from outside. You, as part of the management company, have engaged the management agent to oversee the day to day upkeep of your block, that is what you pay them for. If you withhold your fees the management company suffers NOT the management agent.I have still not paid my Management fee as I do not want to dish out 2,656 without having my queries answered. Am I within my rights to hold off until I receive an answer.
I would suggest writing it as a letter to your management agent and requesting a written response from them (keep a copy of your letter for reference). I would also advise that you attend the AGM of your management company, that is the best forum to raise queries like this not by e-mail on the day the fees are due.If I do not receive an answer what you advise as a next step?
This sounds like an adaption of "If Fees are not paid Interest will be charged". I would pay the lower amount (but only when satisifed about it) and if the balance is chased up, just remind them that you only got the original invoice in April, and couldn't get an answer to your queries until...Hi there,
But there was a discount of 15% available for payment in full before 1st may. A simple division calculation and one gets €2,656 which equates to the figure you get if you take off the 15% discount.
It sounds like the invoice included a budget which would have totalled of all charges that add to the 53k. It is for you to decide if it is reasonable. If you feel a particular line is too big ask for the detail behind it.The invoice included a list of items and costs thereof.
Is this fee reasonable?
I requested that he respond to my email which he agreed to do so. I am still awaiting a response. I have still not paid my Management fee as I do not want to dish out 2,656 without having my queries answered. Am I within my rights to hold off until I receive an answer.
I find this concept interesting as I live in a small complex of same size apartments. However if I were you I would be inclined to think that you could argue you should not pay the same amount as bigger apartments depending on the particular expense. As so-crates mentions building insurance is one area. Another area I would think is refuse, as one would assume more people in bigger apts creating more waste and in my complex this is one of the bigger lines of expenditure. A lot of expense will be common area expenditure though as mentioned and will therefore be equally apportioned. But this is likely to be a lot of hassle for what might only be a small reduction in your charge. No harm in trying though.Should owners of 1 beds pay the same as owners of 2/3 beds?
It isn't stated as such, it is stated as a discount on full payment, so I suspect it is to give people an incentive not to pay by installment over the year.This sounds like an adaption of "If Fees are not paid Interest will be charged". I would pay the lower amount (but only when satisifed about it) and if the balance is chased up, just remind them that you only got the original invoice in April, and couldn't get an answer to your queries until...
This isn't leverage, the agent they are trying to ask the question of is not going to suffer by them withholding their fees. The apartment complex will suffer.Personally I would not pay my fee until I had the answers as you lose all leverage.
I would have to take issue with this, refuse produced is relative to the occupancy rate, it is not relative to the size of the apartment; one person in a three bedroom apartment will not produce correspondingly more waste than one person in a one bedroom apartment.Another area I would think is refuse, as one would assume more people in bigger apts creating more waste and in my complex this is one of the bigger lines of expenditure.
I may be tarring the OP here, but I suspect that the first time they decided to get involved and start asking questions is when they were presented with a large bill. OP have you at least attended the last AGM? Certainly at my AGM that is where the budget is discussed, options regarding frequency of services etc is determined there.Get involved. Get together with other owner occupiers. We had a useless agent. Constantly had to chase them to do anything. A few of us got together, fired them, got a new agent (for a lot less). Our complex is much better run, and everyone pays because everyone can now appreciate the work that is being done around the place. Also we have regular meetings and the costs are transparent.
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