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Residences Association Responsibilities

  • 07-12-2018 12:25am
    #1
    firewolf
    Registered Users Posts: 3 ✭


    Hi, I live in a small block of 12 apartments in Dublin. I own my apartment, over the past 7 years I have accumulated some arrears, I have missed payments here and there, I am now thankfully in a position to clear off my arrears. However, I now find myself in a position where what I think I owe and what the Management committee say I owe is not the same.I requested them to give me a statement of accounts, basically and end of year report for the arrears owing (by me) at the end of each year for the past 7 years. I didn't think this was an unreasonable request as I imagined the accountant would have easy access to this information. However the directors of the residents ass have got back to me saying I need to pay their account €500 for this information. Is this correct? I thought as a sharholder I should have access to this information? Any help greatly appreciated.
    Tagged:


Comments

  • #2
    Atlantic Dawn
    Registered Users, Registered Users 2 Posts: 83,576 ✭✭✭✭Atlantic Dawn
    M


    Management company or residents association?


  • #3
    AndrewJRenko
    Registered Users, Registered Users 2 Posts: 29,518 ✭✭✭✭AndrewJRenko


    Submit a GDPR access request for all details. They can't charge for that.


  • #4
    CollyFlower
    Registered Users, Registered Users 2 Posts: 6,110 ✭✭✭CollyFlower


    They may have added intrest on to the arrears and any legal fees incurred pursuing you for non-payment.


  • #5
    happyfriday74
    Registered Users Posts: 194 ✭✭happyfriday74


    If its more than what it should be then they have added interest and/or legal fees to the service charge owed. Have they a solicitor writing to you-

    Most long leases allow the OMC to charge you interest and recover legal costs of any solicitors they instruct to chase your debt.


  • #6
    Fol20
    Registered Users, Registered Users 2 Posts: 3,625 ✭✭✭Fol20


    It is more than likely interest plus legal fees. You cant exactly expect to pay the same amount you should have paid 5 years ago. Some omc are in disrepair and are dofficult to sell due to too many not paying their mgmt fees.


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  • #7
    ebbsy
    Registered Users, Registered Users 2 Posts: 6,985 ✭✭✭ebbsy


    Go to them with a settlemnet figure. Make it less than what you owe them. Tell them this is all ye have.

    They might take it.


  • #8
    Fol20
    Registered Users, Registered Users 2 Posts: 3,625 ✭✭✭Fol20


    ebbsy wrote: »
    Go to them with a settlemnet figure. Make it less than what you owe them. Tell them this is all ye have.

    They might take it.

    They dont have to take it. You cant sell a place until it is fully paid off incl interest and the longer he waits, the more letters he gets from solicitors and the interests keeps going up.


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