I feel that the management fee I'm charged for my apartment is too high. I have a copy of the accounts. Am I entitled to ask for a detailed breakdown of each figure? Is there any way I can appeal?
Thanks in advance
I feel that the management fee I'm charged for my apartment is too high. I have a copy of the accounts. Am I entitled to ask for a detailed breakdown of each figure?
Is there any way I can appeal?
I feel that the management fee I'm charged for my apartment is too high. I have a copy of the accounts. Am I entitled to ask for a detailed breakdown of each figure? Is there any way I can appeal?
Thanks in advance
The agent even paid himself 5 grand a year to cut the grass when there was no grass!! my question "is it illegal for them to issue a false invoice with a false company number"
Hi
I got the annual service charge bill and it was €400 more than expected but aside from that the CRO number had too few digits, the management agent wasn't mentioned, I suspect the agent failed to get a licence but has the board rigged, there is a lot of dirty stuff going on there related party transactions and directors not paying themselves that kind of thing.
I don't want to have to waste hours and hours researching and fighting them, its never going to improve and complex has had bad agents for 10 years. The agent even paid himself 5 grand a year to cut the grass whent there was no grass!! my question "is it illegal for them to issue a false invoice with a false company number" can I just report them to the guards or that new property management authority and let them deal with it.Best least hassle route??
The auditors just check stuff. They dont query its valitidy. i.e. they wont check for grass. just that there is a recepit for cutting t.
I'm afraid that I'll contradict this statement. An audit of a company is vital, so much so that it plays a vital role in the continuation of any corporate entity. The piece hereunder is taken from the Chartered Accountants web site.
In today’s economy, information and accountability have assumed a larger role in our society. As a result, the independent audit of an entity’s financial statements is a vital service to investors, creditors, and other participants in economic exchanges.
The auditor communicates audit results in a standard report. The auditor’s is based on rigorous work performed by highly trained professionals.
From what has been posted the poster has serious grounds for questioning the piece outlined and every other piece which appears unjust
. He's got away with creative accounting for which I certainly will not be paying Management Fees for last year or this year or in fact next year. I want them to sue me to bring the entire to a head for once and for all.
I am an owner of a property where a management company is involved. It is absolutely impossible to handle the Dr's and an accountant without integrity. The members are by and large disillusioned and now will take no interest. A few of us are now not paying the fees and hope to be taken to court in the next year or so. The Dr's have no hope of justifying 90% of the fee. That is the truth. Receipts showing the expenses over a seven year period have been refused. The other option under consideration is trying to get the revenue to do an audit because the headings under which they are manufacturing the management fee is absolutely bogus. I am quite familiar with the mud act while no one else seems to have any interest. When you engage with them quoting the mud act Dr's just walk out after being abusive. No body wants to get involved other than myself but it would be absolutely impossible ton work with current directors. So like mercman I want them to sue.
I'm not here to argue with you for one iota. I see similar occurrences in developments where I have apartments. But in a single case where I am involved when I questioned a portion of some of the Agents Bills, they have tendered their resignation. A majority vote from other owners as most of the owners are old was impossible. He's got away with creative accounting for which I certainly will not be paying Management Fees for last year or this year or in fact next year. I want them to sue me to bring the entire to a head for once and for all.
When we explained that the fire alarm contract was fraud because the builder had not even installed it they just politley said goodbye and hung up.
I'm not here to argue with you for one iota. I see similar occurrences in developments where I have apartments. But in a single case where I am involved when I questioned a portion of some of the Agents Bills, they have tendered their resignation. A majority vote from other owners as most of the owners are old was impossible. He's got away with creative accounting for which I certainly will not be paying Management Fees for last year or this year or in fact next year. I want them to sue me to bring the entire to a head for once and for all.
The bill should of been preceeded by the annoucement of an AGM which should of included amongst other things the proposed budget and a detailed breakdown and a list of other statements. This is a legal requirement and you need to get it 21 days prior to the AGM.
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