I am a director of the OMC for a small development of less than 10 apartments. The only other owner who was prepared to act as director has resigned and is not in a position to go forward again. I have explained the consequences but NO ONE is prepared to act as director. The managing agent has said that it’s our (ie my) problem. I am at my wits end. Any advice? What will happen if we can’t get another director? Are there any exemptions? Can people not be forced to take some responsibility?
I’ve heard that there are companies which will act as Company Secretary. Any idea how much this would be for a very small operation?
I get sick and tired hearing people slag off owner management companies when problems are often due to the fact that owners take ZERO responsibility for the running of the block.
I’ve heard that there are companies which will act as Company Secretary. Any idea how much this would be for a very small operation?
I get sick and tired hearing people slag off owner management companies when problems are often due to the fact that owners take ZERO responsibility for the running of the block.