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Director of Management Company stalling sales

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    #62
    Lofidelity
    Registered Users Posts: 244 ✭✭Lofidelity


    That's an unusual situation but it does happen with older and smaller apartment developments. Has he a Psra licence? Did you know about the management situation before buying? At the Agm the directors and agent have to be approved so thats the time to say you want change. He cannot stop you attending the Agm, as an owner you have a legal right to be there.

    It might be useful to speak to other owners and find out who's with you and who's against.



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    #63
    April 2022
    Registered Users Posts: 28 ✭April 2022


    https://www.boards.ie/discussion/comment/119203394#Comment_119203394

    I bought in 1995! I was 20! This person wasn’t there then. He bought in 2007 and came on our radars in 2010.



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    #64
    TheWonderLlama
    Registered Users Posts: 605 ✭✭✭TheWonderLlama


    https://www.boards.ie/discussion/comment/119185428#Comment_119185428

    this is correct.

    Again, the PRSA might be a good and quick way to go. It is illegal for him to be providing property management services for a fee without a licence.



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    #65
    Claw Hammer
    Registered Users Posts: 6,236 ✭✭✭Claw Hammer


    Director or not he must be PSRA registered if he is charging for his work.



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    #66
    Dav010
    Registered Users Posts: 14,513 ✭✭✭✭Dav010


    https://www.boards.ie/discussion/comment/119212291#Comment_119212291

    I could be wrong, but I get the impression from the op’s posts that he charges for the maintenance work rather than for acting in the capacity of Managing Agent. The op might clarify this. Whether it is due to the opaque way this Director seems to dictate how the OMC is run, or due to the way the op seems to be uncertain how an OMC operates, I don’t think we are getting the full picture here.



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    #67
    April 2022
    Registered Users Posts: 28 ✭April 2022


    https://www.boards.ie/discussion/comment/119212588#Comment_119212588

    He is not a management agent. He is a director of the OMC (all owners are members of this). He has taken it upon himself to act far outside his remit as director. He has the final say in every last thing that takes place in this complex. He carries out work and either charges other owners for this without any invoices etc or takes it out of the income going in each year from our maintenance fees. He has a name for his “company”, but this is not licensed.



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