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:

Baker Forest (not verified) Says:
Wed, 08/23/2023 - 06:21

Visit www.disneyplus.com/begin to get Disney+ unlimited entertainment! Enjoy a world of block buster films, sports, documentaries and TV series by becoming a subscriber of this platform. Simply enter your Disneyplus.com login/begin 8 digit code in your supported device to get started and gain access to a large collection of premium material. Don't let the magic pass you by sign up for Disney+ Hotstar right away to enjoy entertainment like never before.

maverick adrew (not verified) Says:
Wed, 08/23/2023 - 06:04

https://sites.google.com/view/deltacommunityunion/home
https://sites.google.com/view/suncoastunionlogin/home
https://sites.google.com/view/fifth-third-login/home
https://sites.google.com/view/penfedunionlogin/home
https://sites.google.com/view/openofficedownload/home
https://sites.google.com/view/athenahealthlogi/home

Sankiturner01 (not verified) Says:
Wed, 08/23/2023 - 05:27

The Exodus Web3 Wallet represents a groundbreaking fusion of traditional web browsing and blockchain technology. This innovative wallet extension seamlessly integrates with your web browser, allowing you to interact with decentralized applications (DApps) and manage your digital assets directly within your browser environment.
Exodus Web3 Wallet
BitKeep Wallet: Effortlessly manage diverse cryptocurrencies via a secure, user-friendly interface. Strong encryption, backup options, and mobile/desktop versions ensure seamless access and control of digital assets.
BitKeep Wallet

alexdanvers4191 (not verified) Says:
Tue, 08/22/2023 - 15:57

You can check your balance online at Sephora's website. Just enter your 16-digit gift card number and PIN, and you'll see the balance.
Sephora Gift Card Balance ,
Check Sephora Gift Card Balance ,
https://sites.google.com/view/check-sephora-card-balance/
https://sites.google.com/view/check-sephora-gift-card-online/

Anonymous (not verified) Says:
Tue, 08/22/2023 - 15:02

I favor your current article. It can be very good to view anyone explain in words through the cardiovascular along with lucidity for this critical issue might be quickly seen. แทงบอลUFABET

Anonymous (not verified) Says:
Tue, 08/22/2023 - 12:08

Photographs found on your web site regardless of whether generating fascination speedily a bit of volume submits. Pleasing way of long lasting potential, I shall be book-marking back then turn into your current floor conclude comes up " way up ". ลิงค์ทางเข้าUFABETมือถือ

BRAWN HERBALS (not verified) Says:
Tue, 08/22/2023 - 11:31

Achoo pain relief oil is the natural remedy for knee arthritis, painful knees, joint pain, muscles, cramps, and frozen shoulder https://brawnherbals.com/products/achoo-pain-relief-oil

Sophia smith (not verified) Says:
Tue, 08/22/2023 - 09:13

CoinBase is the only place you need to visit. All you need to do is click a button in the app to sign up for an account and get started. You will be able to buy, sell, and transfer crypto on any of the dozens of exchanges we support.
Coinbase.com | download coinbase

메이저놀이터 (not verified) Says:
Tue, 08/22/2023 - 08:46

It's only when it's in a hurry to bring it up in time that it's unbelievable. Your post is very clear, and I may think you are an expert on the topic. Thank you very much to hundreds of people. You need to continue working hard 메이저놀이터

Anonymous (not verified) Says:
Tue, 08/22/2023 - 08:29

Instantly this web site will irrefutably frequently end up being notable regarding all weblog consumers, due to diligent reviews as well as checks. สมัครเว็บแทงบอลไหนดี

StellaWatson (not verified) Says:
Tue, 08/22/2023 - 07:42

https://sites.google.com/view/deltacomunitylogin/home
https://sites.google.com/view/fifththirdloginn
https://sites.google.com/view/afculogin/home
https://sites.google.com/view/openofficesignin
https://sites.google.com/view/athenasignin

메이저사이트 (not verified) Says:
Tue, 08/22/2023 - 07:28

I saw your website and realized that I am very impressed. Thank you very much for sharing interesting information. We will visit often in the future. 메이저사이트

Sasuke (not verified) Says:
Tue, 08/22/2023 - 06:57

https://sites.google.com/metamaklog.com/metamask-chrom/home
Metamask Chrome Extension
https://sites.google.com/metamaklog.com/metamaskextension/home
MetaMask extension

lucas ray (not verified) Says:
Tue, 08/22/2023 - 06:25

The wallet group makes the well-liked and practical MetaMask Chrome browser extension available to everyone.
https://web.sites.google.com/metamasclog.com/metamaskchrom/home

maria smiths (not verified) Says:
Tue, 08/22/2023 - 06:20

MetaMask Wallet (not verified) Says:
Tue, 08/22/2023 - 05:43

It is a wallet used to store cryptocurrency which provides full-fledged security with an interface that is easy to use for beginners too. Its main role is that it provides its users, with a connection between a browser extension and Ethereum blockchain. It also becomes a host network for more than one dApps. In this blog, we are going to give some basic information associated with MetaMask wallet.

Shayla Jenner (not verified) Says:
Mon, 08/21/2023 - 11:16

There may be some unexpected visitors when you attempt to use any MetaMask feature or when you first use it. Well, the MetaMask browser addon frequently causes problems for users. As a result, this post will go over every issue you could have with this browser extension and offer guaranteed solutions.
https://sites.google.com/metmskcrm.com/metamaskchrom/blog/fix-metamask-b...
https://sites.google.com/metmskcrm.com/metamaskchrom/blog/fix-metamask-q...

Anonymous (not verified) Says:
Mon, 08/21/2023 - 11:13

Hello! I recently wish to give a enormous thumbs up for your great information you’ve got here for this post. I’ll be coming back to your website for additional soon. UFABETแทงบอลทายผลผู้ชนะ

marriew james jamswe (not verified) Says:
Mon, 08/21/2023 - 08:41

metamask extension is a popular Ethereum wallet that allows users to interact with Ethereum and other compatible blockchains directly from their web browser. By installing the MetaMask extension, users can create and manage their own Ethereum identities.

maria (not verified) Says:
Mon, 08/21/2023 - 07:17

markstones markstones (not verified) Says:
Mon, 08/21/2023 - 06:37

MetaMask recovery phrase | How to add BNB to MetaMask

sam curran (not verified) Says:
Mon, 08/21/2023 - 06:19

https://sites.google.com/cryptocoinlog.com/uniswapexchange/home
Uniswap Exchange is innovative design promotes accessibility and decentralization in the world of cryptocurrency trading, enabling users to easily swap tokens while maintaining control over their assets.

https://sites.google.com/cryptocoinlog.com/uniswap-exchange/home
Uniswap exchange is a decentralized cryptocurrency exchange built on the Ethereum blockchain. It operates as an automated market maker (AMM), allowing users to trade various Ethereum-based tokens directly from their digital wallets without the need for traditional intermediaries like centralized exchanges.

Gulf Analytica (not verified) Says:
Mon, 08/21/2023 - 06:15

GULF ANALYTICA, led by David Gibson Moore in Dubai, provides personalized advisory services to family offices in the GCC.
Start-up advisory in Dubai | Business Advisory firm | Family office wealth management solutions | Dubai market research experts | Wealth consulting for family offices in Gulf region | Financial advisory |

Safepal Wallet (not verified) Says:
Mon, 08/21/2023 - 06:04

How to deposit or withdraw funds from a Safepal wallet?
Are you looking for a hot crypto wallet or a cold one, Safepal has got you covered. Safepal wallet is available as a software cryptocurrency wallet as well as a hardware wallet using which you can easily store and manage your crypto assets. The best part about this platform is that getting started with any of the wallet types is an extremely easy process. But, getting started is not where things end, it's where everything begins.
https://sites.google.com/cryptwallets.com/safepal-wallet/home

Sophia smith (not verified) Says:
Sun, 08/20/2023 - 11:19

Anonymous (not verified) Says:
Sun, 08/20/2023 - 09:04

I absolutely love your blog and find most of your post’s to be just what I’m looking for. Would you offer guest writers to write content in your case? I wouldn’t mind producing a post or elaborating on a lot of the subjects you write in relation to here. Again, awesome site! UFABETแทงบอลบนมือถือ

hazel jones (not verified) Says:
Sun, 08/20/2023 - 05:52

Discover the ultimate Unblocked Games Premium selection! Explore a variety of unblocked games for endless entertainment. Find your favorites and start playing now. Click to explore!
Unblocked Games Premium

shira (not verified) Says:
Sat, 08/19/2023 - 11:48

Metamask chrome extension allows the client to make and deal with their own personalities (by means of private keys, nearby client wallet and equipment wallets like Trezor™), so when a Dapp needs to play out an exchange and write to the blockchain, the client gets a protected point of interaction to survey the exchange, prior to supporting or dismissing it.

maria smiths (not verified) Says:
Sat, 08/19/2023 - 11:02

Luno wallet login issues, rather, it can be fixed by the investors on their own. I think that you are well-aware of the troubleshooting measures, and might have even practiced them. Luno wallet | MyEtherWallet (MEW) is one of the famous names in the vast sea of available software-based crypto wallets. MyEtherWallet

robertranga (not verified) Says:
Sat, 08/19/2023 - 10:38

Visit at Disneyplus.com/start and enjoy the magic of Disney, Pixar, Marvel, Star Wars & National Geographic in one place. Enjoy seamless streaming across every type of devices with user-customizable profiles. Find yourself in a universe where your imagination has no limits and enjoy the ease of unlimited downloads for offline watching. Don't miss out on this opportunity to experience delight and wonder by joining up for www.disneyplus.com/begin immediately.

sofayrise (not verified) Says:
Sat, 08/19/2023 - 10:19

The MetaMask extension is a popular Ethereum wallet and browser extension that allows users to securely manage their cryptocurrencies and interact with decentralized applications on the Ethereum network. It is available for various web browsers like Chrome, Firefox, and Brave.
metamask extension

ambulance service (not verified) Says:
Sat, 08/19/2023 - 09:43

John David (not verified) Says:
Sat, 08/19/2023 - 09:38

Herbal Treatment for Lichen Planus can help reduce the itching and discomfort. Herbal Supplement may help relieve symptoms linked with skin and mouth. Herbal Remedies for Lichen Planus

ambulance service (not verified) Says:
Sat, 08/19/2023 - 07:17

Anonymous (not verified) Says:
Sat, 08/19/2023 - 06:14

Instantly this web site will irrefutably frequently end up being notable regarding all weblog consumers, due to diligent reviews as well as checks. agen sbobet

Sophia smith (not verified) Says:
Fri, 08/18/2023 - 15:36

Polygon is widely considered to be a “layer 2” blockchain, meaning it is built alongside Ethereum’s blockchain to help facilitate faster transactions, and typically with lower gas fees. Users can bridge their ETH to Polygon’s blockchain, and use many of the same dapps that exist on ETH. If you stake your $MATIC, your tokens are pooled together with other tokens to help maintain the reliability and decentralization of the network.
polygon.staking | polygon.staking

bodicac gienig (not verified) Says:
Fri, 08/18/2023 - 12:23

Trust Wallet Extension
Trust Wallet Login
Core Wallet Extension
Core wallet download
Atomic Wallet Login
Atomic Wallet Extension
Download Atomic Extension
Binance Wallet Extension
Download Binance Wallet
Binance Extension Download
Exodus Wallet Extension
Download Exodus Wallet
Exodus Extension Download
Download MetaMask Extension
Metamask Wallet Extension
MetaMask Extension Download
Ledger Wallet Extension
Math Wallet Extension

lina janker (not verified) Says:
Fri, 08/18/2023 - 10:50

Additionally, the addon enables simple communication with other blockchain networks. Switching between several networks, including the Ethereum mainnet, testnets, and private networks, is straightforward for users.Metamask chrome extension This adaptability enables experimentation, testing, and Metamask chrome extension deployment of blockchain-based applications in various environments, which is essential for both developers and consumers.

Anonymous (not verified) Says:
Fri, 08/18/2023 - 07:33

Whilst we obtained in your internet record nevertheless including attention just a little contact submits. Good way of possible, We're book-marking throughout a time period discover variations determine spgs method upward. lingerie

Anonymous (not verified) Says:
Fri, 08/18/2023 - 07:03

Trezor.io/start (not verified) Says:
Fri, 08/18/2023 - 06:11

<a href="https://sites.google.com/trejorwallet.com/trezoriostart/home">Trezor Wallet</a> is a hardware wallet that is manageable online by installing the Trezor Suite application. Well! There is no doubt that the assets kept in a hardware wallet are safer than the software wallet. And, when it comes to Trezor Wallet, it shines as a bright star in the whole galaxy of hardware wallets.

검증사이트 (not verified) Says:
Fri, 08/18/2023 - 05:04

Your blog is doing well, it reveals some important points that I overlooked. I think this is an informative post, very useful and knowledgeable. Therefore, I would like to thank you for your efforts in writing this article검증사이트

jasan ronn (not verified) Says:
Fri, 08/18/2023 - 04:14

MetaMask is a popular cryptocurrency wallet and browser extension that allows users to engage with Ethereum blockchain-based decentralized apps (DApps).
The MetaMask Chrome plugin is a must-have for everyone interested in decentralized money and blockchain technologies.
MetaMask Chrome Extension

Jack John (not verified) Says:
Fri, 08/18/2023 - 04:06

If you have recently got to know that MetaMask is one of the safest wallets out there to safeguard your crypto assets, then you have surely heard that right. This Ethereum-based crypto wallet is always there to back up your crypto assets, their private keys, and much more. To start using this wallet on your PC, you need to install and add the MetaMask extension to a compatible browser on your device. If you are completely new to this, then you need to understand the fact that the MetaMask browser extension can be added to Chrome, Edge, Firefox, Brave, or Opera web browsers.

Trezor.io/start (not verified) Says:
Fri, 08/18/2023 - 04:03

Trezor Wallet is a hardware wallet that is manageable online by installing the Trezor Suite application. Well! There is no doubt that the assets kept in a hardware wallet are safer than the software wallet. And, when it comes to Trezor Wallet, it shines as a bright star in the whole galaxy of hardware wallets.
There are two models offered by the Trezor Wallet: Model One and Model T. In this read, we will elaborate on the process to set up Trezor Model T after purchasing it from Trezor.io/start. When it comes to purchasing a wallet to secure the cryptos of your hard-earned money, you shouldn’t trust any random seller. It is highly recommended to purchase it only from the official website of the Trezor Wallet. If you are finding it complex, you need to navigate through the easiest method elaborated below.

Anonymous (not verified) Says:
Thu, 08/17/2023 - 13:07

I favor the full list of goods, Pondered genuinely liked, We need details. for this, taking into consideration that it must be to some degree reasonable., Cheers a good deal when considering demonstrating. رخصة تجارية في دبي

ambulance service (not verified) Says:
Thu, 08/17/2023 - 10:39

Air vehicles provide the opportunity to move patients from one place to another, reducing travel time, and bringing sick patients to better hospitals. more information to visit us...Air Ambulance Services in Jagdalpur | Air Ambulance Services in Jaipur | Air Ambulance Services in Jharsuguda | Air Ambulance Services in Jodhpur | Air Ambulance Services in Assam

maverick adrew (not verified) Says:
Thu, 08/17/2023 - 09:52

ambulance service (not verified) Says:
Thu, 08/17/2023 - 09:40

In critical situations where every second counts, air ambulance services are emerging as the unsung heroes of medical transport. more information to visit us...Air Ambulance Services in Gaya | Air Ambulance Services in Gorakhpur | Air Ambulance Services in Guwahati | Air Ambulance Services in Haridwar | Air Ambulance Services in Indore

ambulance service (not verified) Says:
Thu, 08/17/2023 - 08:49

Overall, air ambulance services are a vital component of the healthcare system, providing essential medical transportation to those in need. more information to visit us...Air Ambulance Services in Uttarakhand | Air Ambulance Services in Vidisha | Air Ambulance Services in Varanasi | Air Ambulance Services in Dhule | Air Ambulance Services in Dumka

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> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd><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.

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

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