Unpaid Service Charges: An Unfair Burden on Compliant Property Owners

Submitted by Aisling Keenan on Tue, 04/03/2012 - 10:45.

UNPAID SERVICE CHARGES: AN UNFAIR BURDEN ON COMPLIANT PROPERTY OWNERS

The successful working of a management company is dependent upon the co-operation of all members. Without this there is an imbalance of responsibility, as is the case with the significant number of property owners who are neglecting to pay their service charges, placing an additional financial burden on compliant property owners who participate in their management company. The Multi-Unit Development Act 2011 promised further protection for property owners, however no amount of legislation or mediation will recover debts due by bankrupt property owners in the short-term.

Fifteen years ago apartments were a relatively new phenomenon in Ireland. As the addiction to property took hold, apartments in which the operation and maintenance of the structure and grounds are overseen by a management company were purchased in multiples by investors, many of whom are now delinquent in their duties as members of these management companies. These duties include the legal obligation to pay the annual service charge that goes toward the smooth running and maintenance of the property. This obligation is increasingly difficult for the compliant property owners saddled with the additional burden of new taxes introduced in the government’s recent budgets and austerity packages.

The situation is further exacerbated as there is little or no recourse for the compliant property owner. With the exodus of the property developer from almost all sites around the country, including finished and unfinished developments, property owners have had to put their hands in their own pockets to ensure basic and necessary utilities are provided and common areas are finished to acceptable standards. These abandoned responsibilities include finishing installations of the sewerarge treatment plants, laying tarmac surfaces and landscaping. In addition to these unexpected costs, now property owners are forced to contend with the legacy of debt in their management company by the reckless investor.

An apartment block in a small and vibrant country town with 30 apartments built under the Section 23 Tax Relief Scheme in 2005 attracted such wayward investors. The town was home to hundreds of young foreign construction works all looking for rented accomodation. One investor borrowed 100% of the finance and paid circa €200,000 per apartment. Services Charges were paid in the first year as this was a condition of sale. But for six years now this property owner has not paid any service charges. Once the econonmic crisis hit and the construction work dried up, the workers left the town leaving behind them an excess of vacant property combined with the oversupply of newly constructed developments. Today these apartments lie vacant, in such a 'Section 23' location. The recent census results showed that this region has the highest overall property vacancy rate in the country with over 30% of property vacant.

To complicate matters even further, the above investor is ‘in NAMA’. What does ’in NAMA’ mean to property owners in this apartment block who are funding this investor’s unpaid service charge bill that currently stands at 100% of the annual budget. ‘In NAMA’ means nothing to them. There is no accountability or allowance ‘in NAMA’ for unpaid service charges. We have received correspondence from NAMA advising us that they are not responsible or accountable for service charges on properties. Service charges do not fall within their brief. Instaed they fall on the doorstep of the compliant property owner. They are picking up the tab. Of the other 25 apartments there are ten owners, one of whom is also in arrears for the past five years and is currently unemployed. The other nine property owners struggle to keep the bills for the entire development paid. The entire budget to manage the development annually, including a 10% sinking fund, is approximately €35,000.

Of course unpaid services charges is only one challenge within the wider torrent of issues that property developers have left in their wake. On top of management company finances, there are unfinished housing estates with unfinished roads all across Ireland, and no amount of government legislation will change this. It is only an improvement in economic conditions in the country that will see changes in this area. The economy may have hit the dirt road but it’s the bumps and potholes that are shaking us to the core.

Bookmark/Search this post with:

NUSKIN1235541 (not verified) Says:
Sat, 10/07/2023 - 18:47

Browse our extensive range of Phuket properties for sale; from hillside sea-view villas, luxury beachfront villas, to modern condos, and more properties. https://www.bitsdujour.com/profiles/ZIzDtx

Jannifer (not verified) Says:
Sat, 10/07/2023 - 08:38

The conclusion that can be drawn after reading this post is that you should make sure to carry out enough research about the platform you are going to trust your funds with. In case you are not sure about which wallet to choose, you can give theCoinbase wallet extension a try and it will surely live up to your expectations.

That’s why MEWwallet is continuously working to offer multiple ways to buy crypto easily and securely, right in the wallet. Today, we are excited to announce the integration of Link by Stripe for ETH purchases in MEW wallet app.

paypal Login (not verified) Says:
Fri, 10/06/2023 - 15:36

PayPal's website uses encrypted connections to safely process payment information, and their system is designed to detect and prevent fraudulent activities. PayPal also leverages a risk-based authentication model that requires users to verify their identities through multiple means, including multi-factor authentication, security questions, and biometric identification. Furthermore, PayPal encrypts payment data in motion and at rest, and their network system undergoes rigorous vulnerability assessments to detect potential bugs and exploits.
PayPal login
PayPal login
PayPal Login
PayPal Login
paypal Login
prime video
antivirus activation
PayPal Login
paypal Login

NUSKIN1235 (not verified) Says:
Fri, 10/06/2023 - 14:17

Discover the best you with Nu Skin's innovative anti-aging skin care products and rewarding business opportunities, while making a difference in the world through our force for good initiatives. No matter where you are in life Nu Skin can help you grow through our uplifting culture. https://uniquethis.com/profile/nuskin1235

NUSKIN1235 (not verified) Says:
Fri, 10/06/2023 - 13:49

seo seoservise servise (not verified) Says:
Fri, 10/06/2023 - 11:22

I felt very happy while reading this site. This was really very informative site for me. I really liked it. английский с нуля

BRAWN HERBALS (not verified) Says:
Fri, 10/06/2023 - 10:52

Achoo Pain Oil is fortified with 100% natural essential oil that has therapeutic action of analgesic, and anti-inflammatory properties pain oil

Sanki turner (not verified) Says:
Fri, 10/06/2023 - 09:55

DLF Privana is a residential project by DLF Limited, offering luxurious living in Sector 76-77, Gurugram, India. It features premium apartments and modern amenities, including a clubhouse, swimming pool, and green spaces. Privana offers a tranquil yet connected lifestyle, making it an ideal choice for discerning homebuyers seeking comfort and convenience.
DLF Privana

Anonymous (not verified) Says:
Fri, 10/06/2023 - 09:27

rabby wallet is related to cryptocurrency, blockchain technology, or financial services, I recommend conducting an internet search or visiting the official website of the product or service for the most up-to-date and accurate information.
coinstats app is a cryptocurrency tracking and portfolio management platform. It is designed to help users monitor their cryptocurrency investments and stay informed about the latest developments in the crypto market.

Justin (not verified) Says:
Thu, 10/05/2023 - 17:12

This is an awesome and helpful article for me. I appreciate your work providing such useful information; thank you so much!

http://slslifestyles.com/

online math assignment help online (not verified) Says:
Thu, 10/05/2023 - 16:48

Do you need the perfect A’s but are unable to bear the workload or cannot comprehend the complex rules? No issue—we have everything to complete your essays request. Have time for your interests and self-improvement while “do my assignment online” service relieve you of the burden of university work and produce your essay request from scratch and at a price that is affordable for students. Since they were once where you are now—struggling with their own assignments—they started this company to assist students like you in succeeding. Send a request to have professional academic writers do your assignment to the best standard. The crew is happy to assist you at any moment. Day or night, chat with them online and they will try to answer all your queries online math assignment help online

John (not verified) Says:
Thu, 10/05/2023 - 10:22

Thank you very much for sharing such a useful article.
https://www.warriorforum.com/members/cinetux.html
https://babelcube.com/user/the-cinetux
https://developers.oxwall.com/user/cinetux
https://experiment.com/users/cinetux
https://forum.omz-software.com/user/cinetux
https://forum.repetier.com/profile/cinetux
https://www.bitsdujour.com/profiles/UKX3MO
https://www.mifare.net/support/forum/users/cinetux/
https://myopportunity.com/profile/the-cinetux/nw
https://www.multichain.com/qa/user/cinetux
https://www.passivehousecanada.com/members/cinetux/
https://fileforum.com/profile/cinetux
https://forum.contentos.io/user/cinetux
https://qooh.me/thecinetux
https://www.hackathon.io/cinetux
https://www.hugi.is/notendur/cinetux/
https://newyorkcity.bubblelife.com/users/Cinetux
https://chillspot1.com/user/cinetux
https://forum.gekko.wizb.it/user-16822.html
https://forums.ccbluex.net/user/cinetux
https://recash.wpsoul.net/members/cinetux/

Gym in gurgaon (not verified) Says:
Thu, 10/05/2023 - 08:28

This premier Gym in Gurgaon is designed in a way to empower individuals seeking to challenge their limits and achieve remarkable results.

BRAWN HERBALS (not verified) Says:
Thu, 10/05/2023 - 05:39

Achoo Pain Relief Oil is packed with a blend of 8 powerful natural actives which relieve bodily pain, joint pain achoo

Anonymous (not verified) Says:
Thu, 10/05/2023 - 00:27

In today's digital age, online transactions have become an essential part of our lives. We shop online, pay bills, and send money to friends and family electronically. However, with the rise of online transactions, the need for secure payment systems has also increased. PayPal is one of the most popular online payment systems that offers secure and convenient payment options for individuals and businesses worldwide.

PayPal Login | PayPal Login | PayPal Login

dateglows (not verified) Says:
Wed, 10/04/2023 - 12:40

online dating safety tips for seniors
safety online dating
secure connections
online dating safety tips

dating advice
dating tips
tips for online dating

dateglows (not verified) Says:
Wed, 10/04/2023 - 12:38

mature singles dating site
mature singles dating sites
mature dating site
mature dating sites

Senior Dating Site
Senior Dating Sites
Senior Dating Websites
Online Dating sites for seniors

online dating safety tips for seniors
safety online dating
secure connections
online dating safety tips

dating advice
dating tips
tips for online dating

dateglows (not verified) Says:
Wed, 10/04/2023 - 12:36

mature singles dating site
mature singles dating sites
mature dating site
mature dating sites

Senior Dating Site
Senior Dating Sites
Senior Dating Websites
Online Dating sites for seniors

online dating safety tips for seniors
safety online dating
secure connections
online dating safety tips

dating advice
dating tips
tips for online dating

seo servise (not verified) Says:
Wed, 10/04/2023 - 11:59

I was reading some of your content on this website and I conceive this internet site is really informative ! Keep on putting up. ទិដ្ឋាការវៀតណាមសម្រាប់ពលរដ្ឋដាណឺម៉ាក

Anonymous (not verified) Says:
Wed, 10/04/2023 - 09:30

Metamask Wallet Extension is a powerful and widely-used cryptocurrency wallet solution that seamlessly integrates with popular web browsers, such as Chrome and Firefox.
Metamask Extension is a crucial piece of software in the world of blockchain and cryptocurrency. It serves as a bridge between users and the decentralized web, offering a secure and user-friendly way to interact with blockchain applications and manage digital assets.

Jack John (not verified) Says:
Wed, 10/04/2023 - 08:22

As we know Cashapp can be used on multiple devices at the same time, therefore, we need to make sure that we know the process to do so. In case you are currently using Cash App on a mobile device and you wish to use it on a desktop as well, then this is surely possible. In addition to that, if you are using it Cash App on a mobile phone and you wish to use it on another mobile phone, then also this would be possible. For this, you will just need to have your Cash App login credentials ready with you.

Free Senior dating site (not verified) Says:
Wed, 10/04/2023 - 07:00

online mature singles dating site
mature singles dating site
mature dating sites for singles
mature dating sites
dating sites for mature singles
mature singles dating
free mature dating sites
free mature dating site
dating site for mature singles
mature Dating
online mature dating site
Free mature dating site
Best mature Dating Sites
mature and single dating site
Senior Dating Sites
Senior Dating Site
Senior Dating
Dating advice
finding love after 60
Singles Online Dating
Singles Online Dating sites
senior dating site
senior dating service
singles online dating sites
singles online dating
Senior Dating
Senior Dating Site
Senior Dating Sites
Senior Dating websites
Online Dating Sites for Seniors
online dating
online dating for mature singles
Senior dating service
relationships
Dating Sites
free online dating sites
free online dating
best online dating sites
online dating sites
safe dating sites
best safe dating sites for over 50
safe dating sites for seniors
safe dating sites for over 50
tips for online dating
online dating tips for women
online dating tips for men
tips for online dating sites
dating advice for women
best dating advice for women
dating advice for women from men
online dating advice for women
best free dating sites
best free dating site for serious relationships
best dating site in USA
new free dating sites in USA
best free dating sites for senior
Smile Dating Test
Older Woman Dating Site
Older Woman Dating Site
older women dating younger men
Best Older Women Dating Sites
dating site for older woman
dating site older woman
smile dating test k test
tiktok smile dating test
smile dating test tiktok

mature dating sites for singles (not verified) Says:
Wed, 10/04/2023 - 06:48

maverick adrew (not verified) Says:
Wed, 10/04/2023 - 06:47

Date Glows (not verified) Says:
Wed, 10/04/2023 - 06:47

Reliable online Senior Dating Sites make massive efforts for you to make your mate-finding experience straight forward via smooth to use interfaces. Additionally, they visit excellent lengths to protect your privacy.
More Info - online mature singles dating site
mature singles dating site
mature dating sites for singles
mature dating sites
dating sites for mature singles
mature singles dating
free mature dating sites
free mature dating site
dating site for mature singles
mature Dating
online mature dating site
Free mature dating site
Best mature Dating Sites
mature and single dating site
Senior Dating Sites
Senior Dating Site
Senior Dating
Dating advice
finding love after 60
Singles Online Dating
Singles Online Dating sites
senior dating site
senior dating service
singles online dating sites
singles online dating
Senior Dating
Senior Dating Site
Senior Dating Sites
Senior Dating websites
Online Dating Sites for Seniors
online dating
online dating for mature singles
Senior dating service
relationships
Dating Sites
free online dating sites
free online dating
best online dating sites
online dating sites
safe dating sites
best safe dating sites for over 50
safe dating sites for seniors
safe dating sites for over 50
tips for online dating
online dating tips for women
online dating tips for men
tips for online dating sites
dating advice for women
best dating advice for women
dating advice for women from men
online dating advice for women
best free dating sites
best free dating site for serious relationships
best dating site in USA
new free dating sites in USA
best free dating sites for senior
Smile Dating Test
Older Woman Dating Site
Older Woman Dating Site
older women dating younger men
Best Older Women Dating Sites
dating site for older woman
dating site older woman
smile dating test k test
tiktok smile dating test
smile dating test tiktok

Imperion Infomedia (not verified) Says:
Wed, 10/04/2023 - 06:32

Reacher (not verified) Says:
Wed, 10/04/2023 - 05:16

Coinbase Wallet Login is your key to what’s next. It is the most user-friendly self-custody experience, unlocking the entire world of crypto, including collecting NFTs, earning yield on your crypto, play-to-earn gaming, participating in DAOs.

메이저사이트 (not verified) Says:
Wed, 10/04/2023 - 02:24

Thank you very much for sharing these wonderful techniques. I must say that you are an incredible writer, and I like the way you describe things. Please continue to share메이저사이트

shayla jenner (not verified) Says:
Tue, 10/03/2023 - 06:10

Well, the first thing that you are supposed to do is sign into your PayPal login account and then access the "Settings" menu by selecting the gear icon present over there. Further, you can surely move ahead to the "Security" tab. Once you are there, you can select the "Update" option present next to the "Auto-login" setting. Now, you can enable this setting and further, select the "Turn on one touch" option. After following a few steps, you will be able to see the list of devices through which you have carried out the PayPal login procedure.

If you are having issues such as slow loading of the Cash App login page, then the issue would be resolved by rectifying internet-related problems. These were a few basic checks that you can make if you are facing login issues with Cash App. But, in some odd circumstances, you may need to get in touch with the support team of the platform and they will definitely guide you through the process. However, one must avoid sharing his Cash App login credentials even with the support team.

Hennry (not verified) Says:
Wed, 10/11/2023 - 03:56

The concept of wallets has evolved beyond physical leather pouches filled with cash and cards. Enter the world of digital wallets, where Infinity Wallet takes center stage. In this article, we'll delve into the intricacies of the Infinity Wallet, Infinity Wallet supports a wide range of cryptocurrencies, including Bitcoin, Ethereum, and many altcoins.

OKX Wallet is a digital wallet provided by OKX, a well-known cryptocurrency exchange. This wallet is designed to facilitate the secure storage and management of various cryptocurrencies and digital assets. It allows users to store, send, and receive a wide range of cryptocurrencies, including popular ones like Bitcoin (BTC), Ethereum (ETH), and many others.

betflixsupervip (not verified) Says:
Mon, 10/02/2023 - 17:01

I truly appreciate this post. I have been looking all over for this! Thank goodness I found it on Bing. You have made my day! Thx again. betflik vip

betflixsupervip (not verified) Says:
Sun, 10/01/2023 - 14:44

Its like you read my mind! You seem to know a lot about this, like you wrote the book in it or something. I think that you could do with a few pics to drive the message home a bit, but other than that, this is magnificent blog. A fantastic read. I’ll certainly be back. เบทฟิกvip

Soloop App (not verified) Says:
Sun, 10/01/2023 - 11:37

This article gives the light in which we can observe the reality. This is very nice one and gives indepth information. Thanks for this nice article. Soloop App

lina janker (not verified) Says:
Sat, 09/30/2023 - 10:53

The best programme for tracking your cryptocurrency and Bitcoin holdings is CoinStats App Stats.
Rabby Wallet
CoinStats App

David Watson (not verified) Says:
Sat, 09/30/2023 - 09:04

If you're struggling with your accounting assignments, Accounting Assignment Help is the answer. It's a lifesaver for students like me. They offer expert guidance and ensure top-notch assignments that boost your grades. The best part? It's confidential and deadline-oriented. I've experienced a remarkable improvement in my understanding of accounting concepts, thanks to their assistance.

genibig gdgf (not verified) Says:
Sat, 09/30/2023 - 02:41

In today's digital age, managing your finances has never been easier, thanks to the convenience of online banking. Capital One, one of the leading financial institutions in the United States Capital One Login | Capital One Login| coinb

SOFAYROSE (not verified) Says:
Fri, 09/29/2023 - 12:09

Guarda Wallet is a multi-cryptocurrency wallet that allows users to securely store, manage, and exchange various cryptocurrencies. The wallet is available as a web, desktop, and mobile app and supports over 50 cryptocurrencies including Bitcoin Ethereum Ripple Litecoin and more. guarda wallet | Bitget Wallet

shira (not verified) Says:
Fri, 09/29/2023 - 11:42

Great information you have shared, thanks for taking the time to share with us such a great article.DLF Floors Phase 1 | DLF Floors Phase 3 | DLF Independent Floors Phase 4 | DLF Privana Sector 77 Gurgaon

Anonymous (not verified) Says:
Fri, 09/29/2023 - 09:38

Coinbase Wallet account recovery is the process that helps users in regaining access to their respective accounts. Sometimes there occurs a situation wherein the investors lost access to their account due to losing access to their registered email address or account password

Roy (not verified) Says:
Fri, 09/29/2023 - 08:59

Amazon is one of the biggest tech giants, which spreads its business to almost every country in the world. So, we can say that Amazon is serving more than half of the population of this world in some way. Whether it is through their eCommerce business, Amazon products like Alexa or Amazon Firestick, or its amazing online streaming services like Amazon Prime Videos, Amazon Music, and Games
Paypal Login | amazon.com/code

jasa arsitek (not verified) Says:
Fri, 09/29/2023 - 07:17

matur tengkiyu...sangat berguna, seperti halnya sebuah rumah tinggal adalah aset yang sangat berharga bagi semua orang, oleh karena itu dalam pembangunannya perlu perencanaan yang matang, agar rencana pembangunannya efisien perlu pakai jasa arsitek dalam pembuatan designnya, tapi harus penuh pertimbangan dalam memilih arsitek yang bagus, terutama masalah harga jasa desain rumah harus cari yang murah tapi tetap berkualitas hasilnya, maka dari itu kami menjadi solusi yang sangat tepat untuk merancang hunian idaman anda dan keluarga

Anonymous (not verified) Says:
Fri, 09/29/2023 - 06:20

I recently came across your article and have been reading along. I want to express my admiration of your writing skill and ability to make readers read from the beginning to the end. I would like to read newer posts and to share my thoughts with you.
Pragma123

Sanki turner (not verified) Says:
Thu, 09/28/2023 - 12:04

DLF properties represent excellence in Indian real estate. With a rich legacy, DLF is renowned for upscale residential and commercial developments, combining modern design and prime locations. These properties set the standard for luxury living and premium business spaces, reflecting sophistication and success in the real estate landscape.
DLF Homes
DLF Floors
DLF City Independent Floors
DLF Exclusive Floors

Anonymous (not verified) Says:
Thu, 09/28/2023 - 11:56

OKBet (not verified) Says:
Thu, 09/28/2023 - 10:28

Thank you very much for sharing such a useful article. Will definitely saved and revisit your site
OKBet philippines

Sanki turner (not verified) Says:
Thu, 09/28/2023 - 06:40

johan rose (not verified) Says:
Thu, 09/28/2023 - 04:48

Please note that the cryptocurrency landscape can change rapidly, and there may have been developments or changes related to Ethpool since that time. Exodus Web3 Wallet allows you to store, send, and receive multiple digital assets within a single wallet.

johan rose (not verified) Says:
Thu, 09/28/2023 - 04:48

Jack John (not verified) Says:
Wed, 09/27/2023 - 09:26

There are several ways to get connected with the support system and the said methods will be explained further. The first method is to use the in-app chat with the assistant. Under this method you will be able a live chat with the support team assistant though it will not be verbally on call, but via the online chat option. The assistant assigned to you will try to answer your query in the possible shortest time. And the next method is via direct phone call. The chat method can be used after the Cash app login but for making the direct it is not required for you to do the login process; all you have to do is call the number directly.

DSAmnki (not verified) Says:
Wed, 09/27/2023 - 05:26

Post new comment

Your name: *

E-mail: *

The content of this field is kept private and will not be shown publicly.

Homepage:

Comment: *

Input format

Filtered HTML

Web page addresses and e-mail addresses turn into links automatically.
Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd><b><i><hr><img>
Lines and paragraphs break automatically.

Full HTML

Web page addresses and e-mail addresses turn into links automatically.
Lines and paragraphs break automatically.
You may use [block:module=delta] tags to display the contents of block delta for module module.

More information about formatting options

CAPTCHA

Please type the letters and numbers you see in the image to prevent automated spam submissions.

   __                                     
  / _|                                    
 | |_    __ _   _   _   _ __    _ __ ___  
 |  _|  / _` | | | | | | '_ \  | '_ ` _ \ 
 | |   | (_| | | |_| | | |_) | | | | | | |
 |_|    \__, |  \__,_| | .__/  |_| |_| |_|
           | |         | |                
           |_|         |_|

Enter the code above: *

Enter the code depicted in ASCII art style.

Unpaid Service Charges: An Unfair Burden on Compliant Property Owners

Post new comment

Search

A.K. Property Services newsletter

Recent blog entries:

A.K. Property Services