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:

labs itbacklabs (not verified) Says:
Fri, 06/23/2023 - 12:50

Provide public numbers https://www.number4sms.com/ Numeros virtuels https://www.number4sms.com/ temporary numbers to avoid getting spammed https://www.number4sms.com/
Keep your https://www.number4sms.com/ personal number and identity private.
receive as https://www.number4sms.com/ as you want from all services , number4sms is a https://www.number4sms.com/ telecom operator
with https://www.number4sms.com/ thousands of numbers so we can renew them every month.
Use our temporary numbers and https://www.number4sms.com/ keep your life private when you sell your car or rent your apartment.

labs itbacklabs (not verified) Says:
Fri, 06/23/2023 - 12:49

Welcome to Marrakech Art Tours, https://www.marrakecharttours.com/ where you will find the ease of discovering https://www.marrakecharttours.com/ some of Morocco's
best hidden gems. We provide customized day trips https://www.marrakecharttours.com/ and private desert tours filled with https://www.marrakecharttours.com/ adventure,
food tours, walk-through the colorful souks of the old city (medina) https://www.marrakecharttours.com/ ,while visiting Marrakech's iconic landmarks. https://www.marrakecharttours.com/
Seamless travel to desert camps and mountain hikes with expert multilingual guides bring you the best of Morocco.
Welcome to Marrakech https://marrakecharttours.com/ Art Tours, where you will find the ease https://marrakecharttours.com/ of discovering some of Morocco's best hidden gems. We specialize in expert tours that explore the artistic and cultural heritage of Marrakech. We provide customized day trips and private desert tours filled with adventure, food tours, walk-through the colorful souks of the old city https://marrakecharttours.com/

labs itbacklabs (not verified) Says:
Fri, 06/23/2023 - 12:48

ManagePro https://www.managepro.ma/ est une application de gestion https://www.managepro.ma/ SAAS qui permet à l'administrateur d'avoir une vue globale de son magasin
tout en ayant la https://www.managepro.ma/ possibilité de chercher le détail. la https://www.managepro.ma/ gestion du stock, des ventes,relation client,
trésorerie, génération des factures, tickets et devis

labs itbacklabs (not verified) Says:
Fri, 06/23/2023 - 12:47

GymPro est une application de gestion https://www.gympro.ma/ SAAS qui permet à L'administrateur d'avoir une vue globale de son club sportif https://www.gympro.ma/
tout en ayant la possibilité de chercher https://www.gympro.ma/ le détail.

labs itbacklabs (not verified) Says:
Fri, 06/23/2023 - 12:46

Attendance tour https://www.attendancetours.com/ morocco marrakech tours
https://www.attendancetours.com/ morocco tour marrakech
https://www.attendancetours.com/ morocco tour from marrakech
https://www.attendancetours.com/ tour operator morocco
https://www.attendancetours.com/ tour operator marrakech
The kingdom of Morocco is a magical country made for travellers to visit and tour. It is a stunning and fantasy region full beautiful sceneries, dramatic landscapes and breath-taking cities such as the imperial cities of Marrakech, Fez, Rabat and Meknes as well as some other beautiful cities and locations namely Tangier, Merzouga desert, Ouarzazate and the bleu city of Chefchaouen https://attendancetours.com/

labs itbacklabs (not verified) Says:
Fri, 06/23/2023 - 12:46

MICE Marrakech https://www.attendance.ma/ Events Marrakech is a https://www.attendance.ma/ Moroccan DMC (Destination Management Company) https://www.attendance.ma/
& Travel Agency. Specialized in creation, design, development and https://www.attendance.ma/ organization of your meetings https://www.attendance.ma/ , conferences,
conventions, incentive trips,https://www.attendance.ma/ seminars and congresses.Pour vos voyages PRO, L’ https://www.attendance.ma Agence MICE a marrakech au maroc, best evenets in morocco est la meilleur agence au maroc, The best https://www.attendance.ma DMC in Morocco, Marrakech, Marrakesh, casablanca it’s https://www.attendance.ma Meetings, incentives, conferencing, exhibitions in Marrakesh, Morocco

labs itbacklabs (not verified) Says:
Fri, 06/23/2023 - 12:42

https://tourime-maroc.blogspot.com/2023/05/les-agences-de-voyages-qui-vo...
https://www.blogger.com/u/1/blog/post/edit/preview/1037429431069842120/5...
https://www.blogger.com/u/1/blog/post/edit/preview/1037429431069842120/9...
http://agencedevoyage.e-monsite.com/
https://tourisme-atlasoutdoor-attendace.mystrikingly.com/
https://itbacklabs22.wixsite.com/it-labs-pro/post/cr%C3%A9ation-site-web...
https://www.toplien.fr/membres/previsualiser_site-100793.html?password=1...
https://itlabspro-creation-site-web-au-maroc.e-monsite.com/
https://hajar-fleurs.onesmablog.com/fleuriste-marrakech-59428522
http://fleuriste-marrakech-maroc.e-monsite.com/
http://fleuriste-marrakech-maroc-2.e-monsite.com/
https://medium.com/@itbacklabs22/vermel-store-la-boutique-de-vente-et-da...
https://itlabspro.weblogco.com/20493754/la-cr%C3%A9ation-site-web-est-de...
https://websiteref.thezenweb.com/les-fleurs-ont-le-pouvoir-de-rallumer-n...
https://websiteref.blog-gold.com/25639591/d%C3%A9couvrons-l-architecture...
https://websiteref.blogadvize.com/25673723/maximiser-l-efficacit%C3%A9-e...
https://websirereff.loginblogin.com/25676056/un-voyage-enchanteur-entre-...
https://websitere.verybigblog.com/22298510/immerse-yourself-in-the-vibra...
https://websiterefe.activoblog.com/20556145/pr%C3%A9server-votre-vie-pri...
https://websitere.wssblogs.com/20523744/avantages-r%C3%A9volutionnaires-...
https://websiteref.blogadvize.com/25673723/maximiser-l-efficacit%C3%A9-e...
https://websiteref.blog-gold.com/25639591/d%C3%A9couvrons-l-architecture...

mani (not verified) Says:
Fri, 06/23/2023 - 11:34

Capital One Login
Capital One Sign in
Qantas Number
MetaMask Login
MetaMask Signin
MetaMask Wallet
MetaMask Extension
KuCoin Login
KuCoin Sign in
Gemini Login
Gemini Sign in
Gemini Wallet

mani (not verified) Says:
Fri, 06/23/2023 - 11:33

mani (not verified) Says:
Fri, 06/23/2023 - 11:33

Capital One Login
Capital One Sign in
Qantas Number
MetaMask Login
MetaMask Signin
MetaMask Wallet
MetaMask Extension
KuCoin Login
KuCoin Sign in
Gemini Login
Gemini Sign in
Gemini Wallet

mani (not verified) Says:
Fri, 06/23/2023 - 11:28

jasan ronn (not verified) Says:
Fri, 06/23/2023 - 11:17

At Bitcoin Suisse, we believe in giving our clients the best possible service. That's why we offer a range of features to make your experience as smooth and hassle-free as possible. WalletConnect is the perfect tool to keep your cryptocurrency secure on-the-go! With advanced encryption technology . Bitcoin Suisse || WalletConnect

Anonymous (not verified) Says:
Fri, 06/23/2023 - 11:14

Before the era of ETH staking which recently enters into the picture after the merger of the Ethereum blockchain with Beacon Chain, the Ethermine platform was popular for the ETH mining process. People who are involved might know that an Ethermine platform is about to close in September 2023, but it will continue providing the staking services through the Ethermine Staking and Ethpool platform.

http://sites.google.com/ethstk.com/ethermine-org/home

Stella Waston (not verified) Says:
Fri, 06/23/2023 - 10:54

https://sites.google.com/wallet-extension.com/phantomwallet/home
https://sites.google.com/wallet-extension.com/upholdwalletlogin/home
https://sites.google.com/365cryptocurrencies.com/suiwalletextension/home
https://sites.google.com/365cryptocurrencies.com/suietwalletextension/ho...

Anonymous (not verified) Says:
Fri, 06/23/2023 - 06:05

Crypto com login issues refer to any difficulties or obstacles users may encounter while attempting to access their Crypto com accounts. These issues can range from incorrect login credentials and forgotten passwords to technical glitches or server-related problems. It is essential to address these problems promptly to ensure a seamless and secure experience on the Crypto com platform.

https://sites.google.com/cryptissues.com/cryptologinissues/home
https://sites.google.com/cryptissues.com/crypto-login-issues/home

Nancy Havens (not verified) Says:
Fri, 06/23/2023 - 05:35

The society is becoming more and more conscious about protecting the environment. The government
is initiating projects and encouraging people to take part in it. But there was not such a good response,
so the developers through this Ecoterra are hoping to attract the attention of youth who are actively
seeking for investing their money in crypto coins. Ecoterra coin | ecoterra crypto

Hmovies (not verified) Says:
Thu, 06/22/2023 - 15:36

hmovies
hmovies
hmovies
hmovies
hmovies
hmovies
hmovies
hmovies
hmovies
hmovies

Sophia smith (not verified) Says:
Thu, 06/22/2023 - 08:40

In the world of cryptocurrency, Crypto com has emerged as a popular platform for buying, selling, and trading digital assets. However, like any online service, users may occasionally encounter login issues that can hinder their experience. In this article, we will explore common login problems faced by Crypto com users and provide helpful tips and solutions to overcome them. Whether you're a seasoned crypto enthusiast or a beginner exploring the world of digital currencies, this guide aims to assist you in resolving Crypto com login issues efficiently.
Crypto.com login issues | Crypto.com login issues

shira (not verified) Says:
Thu, 06/22/2023 - 08:35

Jack John (not verified) Says:
Thu, 06/22/2023 - 08:19

When you are creating your account on MetaMask you click the Metamask Extension icon in the upper right-hand corner of your browser. There you will see the privacy notice when you try to access the MetaMask extension. The important thing to notice is that MetaMask mentioned that you should not stay signed in to MetaMask unless you need to use it.

Anonymous (not verified) Says:
Thu, 06/22/2023 - 04:22

The expected answer here is that Coinbase wallet is safer.But I’d say it actually depends on how good you are with crypto and remembering things. if you get a used Trezor.io/start, i would only use it after doing, in order, the following: new firmware install from manufacturer website You set up trezor, log in and select Bitcoin/litecoin wallet from the drop down. Select the receive option and it will show you an address.

Coinbase.com (not verified) Says:
Thu, 06/22/2023 - 04:21

The expected answer here is that Coinbase wallet is safer.But I’d say it actually depends on how good you are with crypto and remembering things.

Marco (not verified) Says:
Thu, 06/22/2023 - 03:57

To access it, click the Metamask Extension icon in the browser's top right corner. When you access the MetaMask plugin, you will view the privacy notice. The crucial information provided by MetaMask is that you shouldn't keep your account signed in unless you actually need to use it. Since until you check out, your MetaMask account will be active on each website you visited. Accept the terms of use for MateMask to proceed.
Members of the crypto community can enter all chains, DeFi, and NFTs that are compatible with the EVM (Ethereum Virtual Machine) using the Metamask wallet. We'll look at how it operates and how to set up your own Metamask Wallet in this tutorial.

Anonymous (not verified) Says:
Wed, 06/21/2023 - 16:15

I love your blogs

Stella Waston (not verified) Says:
Wed, 06/21/2023 - 12:05

Anonymous (not verified) Says:
Wed, 06/21/2023 - 09:55

Binance Wallet is a non-custodial cryptocurrency wallet provided by Binance, one of the largest cryptocurrency exchanges in the world. Binance Wallet Ethereum staking, also known as ethereum 2.0 staking or eth staking, is the process of participating in the ethereum network's proof-of-stake (pos) consensus mechanism.Eth staking

shira (not verified) Says:
Wed, 06/21/2023 - 08:32

Jack John (not verified) Says:
Wed, 06/21/2023 - 08:24

For Ethermine Staking is an easy, relatively safe way to stake ETH. Whether you have a small or a large amount of ETH to stake, you can use the platform.
Ecoterra is a blockchain ecosystem that provides incentives and rewards for recycling, facilitates trade in recycled materials and carbon offsets, and tracks environmental impact using blockchain technology.

Henry (not verified) Says:
Wed, 06/21/2023 - 05:39

It was the next generation of keychain Beacon chain It allows their users to track their products with 24 hour protection from theft Uniswap wallet | Ethermine.org Ethermine is a multicurrency mining pool.

bahfootball (not verified) Says:
Tue, 06/20/2023 - 16:54

Sports news, watch the world cup, watch Man Utd, Man City ข่าวบอล

1234doomovie (not verified) Says:
Tue, 06/20/2023 - 16:52

Watch movies online for free, the number 1 website in Thailand. ดูหนังออนไลน์ฟรีไม่กระตุก

janne milton (not verified) Says:
Tue, 06/20/2023 - 13:22

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
paypal Login
PayPal Login
paypal Account Login

maverick adrew (not verified) Says:
Tue, 06/20/2023 - 11:13

Venom Wallet Extension

mani (not verified) Says:
Tue, 06/20/2023 - 10:14

">https://sites.google.com/capitalusonelogin.com/capitalonelogins/home">Capital One Login
Capital One Sign in
Qantas Number
MetaMask Login
MetaMask Signin
MetaMask Wallet
MetaMask Extension
KuCoin Login
KuCoin Sign in
Gemini Login
Gemini Sign in
Gemini Wallet

mani (not verified) Says:
Tue, 06/20/2023 - 10:13

mani (not verified) Says:
Tue, 06/20/2023 - 10:10

mani (not verified) Says:
Tue, 06/20/2023 - 10:09

Anonymous (not verified) Says:
Tue, 06/20/2023 - 09:05

Olympus is an algorithmic currency protocol based on the OHM token. It introduces unique economic and game-theoretic dynamics into the market through asset .
Ethereum 2.0 Staking |
olympus dao |
Ecoterra

maverick adrew (not verified) Says:
Mon, 06/19/2023 - 11:48

Venom Wallet Extension

maverick adrew (not verified) Says:
Mon, 06/19/2023 - 11:47

[url=https://sites.google.com/365cryptocurrencies.com/venomwalletextension/home]Venom Wallet Extension[/url]

seo servise (not verified) Says:
Mon, 06/19/2023 - 10:57

Wow! Such an amazing and helpful post this is. I really really love it. It's so good and so awesome. I am just amazed. I hope that you continue to do your work like this in the future also y2mate audio downloader

seo servise (not verified) Says:
Mon, 06/19/2023 - 10:57

amazon pro publishing (not verified) Says:
Mon, 06/19/2023 - 10:43

all done good sites always share us

NIYA (not verified) Says:
Mon, 06/19/2023 - 10:03

We appreciate the excellent guidance you delivered for us. Reading about your account of this fascinating read was quite instructive. Ecoterra | Eth 2.0 staking

shira (not verified) Says:
Mon, 06/19/2023 - 08:50

Thanks a lot for sharing kind of information. Your article provide such a great information with good knowledge. Trezor Suite | Coinbase not Working

shira (not verified) Says:
Mon, 06/19/2023 - 08:23

jasan ronn (not verified) Says:
Mon, 06/19/2023 - 08:22

if you are eyeing a crypto exchange where you could not only buy or sell cryptocurrencies but also put them to stake, then Coinbase.com is the ultimate destination for you. Trezor wallet- an alternative name for crypto independence. A hardware crypto wallet designed to act as a base or foundation stone for crypto independence. Treser suit app || coinbase not working

mani (not verified) Says:
Mon, 06/19/2023 - 08:09

mani (not verified) Says:
Mon, 06/19/2023 - 08:09

Wells Fargo Login
Wells Fargo Sign in
Capital One Login
Capital One Sign in
Qantas Number
MetaMask Login
MetaMask Signin
MetaMask Wallet
MetaMask Extension

mani (not verified) Says:
Mon, 06/19/2023 - 08:05

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.

  _                               _ 
 | |                             | |
 | | __   ___  __      __   ___  | |
 | |/ /  / __| \ \ /\ / /  / _ \ | |
 |   <  | (__   \ V  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