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Is a Management Company a Landlord, and Unit Owners tenants?

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    #32
    Jo King
    Banned (with Prison Access) Posts: 2,139 ✭✭✭Jo King


    Anybody in a block where the original developer is still in control will undoubtedly move to force the developer to register the apartments. This will cause a lot of hassle for developers who have not handed over the running of the complex to the management company.


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    #33
    PIMPHO
    Registered Users Posts: 470 ✭✭PIMPHO


    Jo King wrote: »
    Anybody in a block where the original developer is still in control will undoubtedly move to force the developer to register the apartments. This will cause a lot of hassle for developers who have not handed over the running of the complex to the management company.


    We are in this situation where the builders have not sold all the apartments and have not paid any of the management fees. Development is just over a year old and management fees are due at the end of this month. The management company are a joke and keep saying there is no money in the account and no sinking fund. A few of us are considering not paying our management fee!

    Any suggestions or advice?


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    #34
    Paulw
    Registered Users Posts: 13,381 ✭✭✭✭Paulw


    PIMPHO wrote: »
    We are in this situation where the builders have not sold all the apartments and have not paid any of the management fees. Development is just over a year old and management fees are due at the end of this month. The management company are a joke and keep saying there is no money in the account and no sinking fund. A few of us are considering not paying our management fee!

    Any suggestions or advice?

    I would never advise not paying your fees. It doesn't help anything and only makes matters worse. No fees = no services.

    As for what you can do ... I guess now you can lodge a dispute with the PRTB and see how far that gets you.


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