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.

 

 

ITBACKLABS (not verified) Says:
Wed, 03/22/2023 - 14:27

Vermel Store la boutique de vente et d'achat en ligne au Congo
des produits parmi les plus grandes marques aux meilleurs prix
d'une qualité exceptionnelle et contrôlée.Atelier moka est une société architecture et decoration d’intérieur notre architecte
offre des services professionnels comme la conception villa le suivi de chantier
la construction des bâtiments publics et privés (on est basé sur la construction Marrakech construction Marrakech),
votre architecture d’intérieur architecture d’intérieur pour l’aménagement de vos espaces intérieurs qui doit être fonctionnels esthétiques et confortables en jouant avec les volumes ,
la lumière, le mobilier et les matériaux tout en tenant comptent de contraintes techniques et budgétaires ,cependant notre profession ne se limite pas à cet objectif outre l’aspect esthétique général des bâtiments garantir la
fonctionnalité la sécurité et le bien-être voilà à quel point l’essence de l’architecture est profonde.
Située a Marrakech, cette
Consulting industriel Maroc est un bureau industriel
spécialisée dans le conseil et l’assistance technique pour les industriels,importateurs et exportateurs,
elle assure la délocalisation technique afin d’apporter des solutions efficaces et efficientes pour le compte de ses clients,
qu’ils soient issus de différents secteurs de l’industrie
provide public numbers Numeros virtuels temporary numbers to avoid getting spammed
Keep your personal number and identity private.
receive as many SMS as you want from all services , number4sms is a telecom operator
with thousands of numbers so we can renew them every month.
Use our temporary numbers and keep your life private when you sell your car or rent your apartment.
Welcome to Marrakech Art Tours, Tours Marrakech where you will find the ease of discovering some of Morocco's
best hidden gems. We provide customized day trips and private desert tours filled with adventure,
food tours, walk-through the colorful souks of the old city (medina) ,while visiting Marrakech's iconic landmarks.
ManagePro Application de gestion Maroc est une application de gestion gestion SAAS qui permet à l'administrateur d'avoir une vue globale de son magasin
tout en ayant la possibilité de chercher le détail. la gestion du stock , des ventes,relation client,
trésorerie, génération des factures, tickets et devis.

joahn (not verified) Says:
Wed, 03/22/2023 - 11:05

You might have come across several reads, blogs, and articles defining complete information about the Capital One login.
https://sites.google.com/cryptocomsignin.com/cryptocomsignin/home
https://sites.google.com/capitalonelogs.com/capitaloneloginn/home

Jannifer (not verified) Says:
Wed, 03/22/2023 - 11:03

Create a new Kraken Login account and then you can proceed to buy or sell around 120 supported crypto assets. If you are a beginner, then you are definitely going to love this platform as it has a very user-friendly interface. And the biggest perk of using this exchange is the low trading fee that it charges.
Gemini Login
Gemini Login
Kraken Login
Kraken Login
Kucoin Login
Kucoin Login
Uphold Login
Uphold Login
Metamask Login
Metamask Login
Metamask Wallet
Coinbase Pro Login
Coinbase Pro Login
Coinbase.com Login
Coinbase.com Login
Coinbase.com Sign In
Coinbase Sign In
Phantom Wallet
Atomic Wallet
Uniswap Exchange
Crypto.com Login
Gemini Login
Kraken Login
Kucoin Login
Uphold Login
Metamask Login
Coinbase Pro Login

Anonymous (not verified) Says:
Wed, 03/22/2023 - 10:10

Thanks for sharing such an information with the help of this article, so glad to read [url=https://matoamaskwaltx.gitbook.io/us/]metamask wallet[/url] | [url=https://mtamaskwalt.gitbook.io/us/]metamask wallet[/url] | [url=https://meyetamaskwalx.gitbook.io/us/]metamask wallet[/url] | [url=https://metamczkwallv.gitbook.io/us/]metamask wallet[/url] | [url=https://metaczkwale.gitbook.io/us/]metamask wallet[/url] | [url=https://matoamaskwltb.gitbook.io/us/]metamask wallet[/url] | [url=https://meamaskwaalt.gitbook.io/us/]metamask wallet[/url] | [url=https://uupholdologon.gitbook.io/us/]metamask wallet[/url] | [url=https://upholdweblgin.gitbook.io/us/]uphold login[/url] | [url=https://myupholdlogi.gitbook.io/us/]uphold login[/url] | [url=https://upholdnlolgu.gitbook.io/us/]uphold login[/url] | [url=https://upahldlogin.gitbook.io/us/]uphold login[/url] | [url=https://upholdlogiz.gitbook.io/us/]uphold login[/url] | [url=https://uphoollloginu.gitbook.io/us/]uphold login[/url] | [url=https://phumtmellet.gitbook.io/us/]phantom wallet[/url] | [url=https://phantmwlletoi.gitbook.io/us/]phantom wallet[/url] | [url=https://photamnewallet.gitbook.io/us/]phantom wallet[/url] | [url=https://phinmwwelat.gitbook.io/us/]phantom wallet[/url] | [url=https://phomtmewllat.gitbook.io/us/]phantom wallet[/url] | [url=https://phenomtwallet.gitbook.io/wallet-us/]phantom wallet[/url]

PaypalxLogin (not verified) Says:
Wed, 03/22/2023 - 08:55

PayPal Login We want to help you transfer money quickly, easily and securely. No matter what country or currency you move your funds between, PayPal can be your partner in making international payments a breeze.
Bank Of America Login Bank of America Preferred Rewards has expanded to include new levels of benefits ... Easily deposit checks into your Bank of America accounts vis bank of America Login.

sofya rose (not verified) Says:
Wed, 03/22/2023 - 06:43

aol mail In this digital era, a lot of people, including me like to have a sense of personalization in everything we do. The same happens when we are in our workspace. Therefore, to let users have a personalized experience with their emailing-related tasks, one exceptional email service was released in the market by Verizon Communications.
aol mail

Roy (not verified) Says:
Wed, 03/22/2023 - 06:21

Thanks for the great post you posted. I like the way you describe the unique content. The points you raise are valid and reasonable.
Metamask Chrome Extension | Metamask Chrome Extension

Thomson (not verified) Says:
Wed, 03/22/2023 - 06:17

How can you redeem your points?
There are so many ways through which you can redeem your points by stepping ahead for an American Express Login. Some of the categories listed by the company from where you can redeem your credited rewards are as follows:
· INSTA vouchers
· Travel partners
· Cover card charges with points
· Book travel
· Pay with points (pay for almost everything)

Jack John (not verified) Says:
Tue, 03/21/2023 - 11:04

You may trade a wide variety of crypto assets on KuCoin. Nevertheless, there is one thing that you must do in order to accomplish this. You can begin your Kucoin Login journey there after creating your login profile. But before you begin, there is one thing you must do: finish the KYC process.
Gemini Login
Gemini Login
Kraken Login
Kraken Login
Kucoin Login
Kucoin Login
Uphold Login
Uphold Login
Metamask Login
Metamask Login
Metamask Wallet
Coinbase Pro Login
Coinbase Pro Login
Coinbase.com Login
Coinbase.com Login
Coinbase.com Sign In
Coinbase Sign In
Phantom Wallet
Atomic Wallet
Uniswap Exchange
Crypto.com Login
Gemini Login
Kraken Login
Kucoin Login
Uphold Login
Metamask Login
Coinbase Pro Login

Roy (not verified) Says:
Tue, 03/21/2023 - 08:54

Thanks for the great post you posted. I like the way you describe the unique content. The points you raise are valid and reasonable.
Metamask Chrome | Metamask Chrome

bitcoincasino (not verified) Says:
Tue, 03/21/2023 - 07:05

As I am looking at your writing, bitcoincasino I regret being unable to do outdoor activities due to Corona 19, and I miss my old daily life. If you also miss the daily life of those days, would you please visit my site once? My site is a site where I post about photos and daily life when I was free.

RaushniGupta (not verified) Says:
Tue, 03/21/2023 - 07:01

Your creativity has been excellent and your blog is a pleasure to read. This is a nice blog. Badrinath Yatra By Helicopter

jamessmith84840012 (not verified) Says:
Tue, 03/21/2023 - 06:41

Buy Accent Furniture Online: Shop Wide range of accent furniture  Online from Pepperfry such as Jharokhas at Best Price.✓Easy EMI✓Easy Returns.
Choose an Online Casino 
High-Interest Fixed Deposit 
fundamental rights and duties 
commercial property + contribute to us 
improve longevity car 
health and wellness + write for us 
important erp implementation 
digital marketing + write for us 
travel tips & guide + write for us 
tips & tricks + write for us 
e-learning + write for us 
hairstyle + write for us 
mobile & app + write for us 
different economic systems 
Right Job Boards 
student study uk 
home loan benefits 
Credit Freeze Vs Credit Lock 
how does blockchain work 
right product export 
home loan benefits 
Take Personal Loans 
optimization strategy retailer 
parents education loan 
intermediate guide personal finance 
Fixed Deposit Money 
travelling business hassle 
Ways to Avoid Panicking 
great startup ideas 
duct cleaning experts 
safe online payments 
real estate investment 
develop a swiggy clone app 
advanced accounting software 
marketing technology trends 
gender consideration education 
decide study abroad 
build your entrepreneurial mindset 
market multiple valuation 
factors improve brain 
manage personal finance 
outfit styling 
home decor accessories 
real meaning holidays 
adventure travel actually 
learning style fashion 
home improvement tips 
education tax credits 
online shopping popular 
shopping center challenging 
natural health supplements 
foreclosure investing pros 
characteristics good policy 
fitness equipment exercise 
most recent tech 
design information technology 
online games probably 
home improvement lifestyle 
properties family vacation 
trading portfolio management 
important business pillars 
fast news time 
trending courses innovation 
top business icon 
family game snacky 
valentines day gift 
health research report 
lump sum amount 
nursing ability 
prime news room 
businesses goals 
city big story 
tech gadget time 
news so far 
nation news time 
daily out fit idea 
youth beauty tips 
latest news cast 
present day news 
mini big news 
news room broadcast 
softwares watch 
tech globally 
prime news cast 
metro city express 
Gamble Tonight 
Win Jackpot Prize 
Safe Casino Fun 
shop properly 
necessary shopping 
slim fitness guru 
Gamble Passion 
Youth Career Tips 
Shopping Thirst 
who is an entertainment lawyer 
functions and credibility 
how to buy dogecoin 
hire for culture fit 
people love making changes 
personal fitness trainer 
hire an entertainment lawyer 
birds classifieds 

jamessmith84840012 (not verified) Says:
Tue, 03/21/2023 - 06:39

google / 
https://www.google.com/
[url=https://www.google.com/] google [/url]

Thomson (not verified) Says:
Tue, 03/21/2023 - 06:19

Every dollar of eligible purchases made using your American Express Green Card will earn you one Membership Rewards point. & Visit the login page on the American Express website or mobile app to access your American Express credit card account.The easiest way to activate your Credit Card is via the Amex app15 or website. You can also register your American Express Online Account at the same Time.
http://sites.google.com/americanexpreslogin.com/amerianexpreslogin/home

Jack John (not verified) Says:
Tue, 03/21/2023 - 06:10

Verifying your financial information may allow you to finish verification if your Venmo Login account is linked to a bank or credit card. If this choice is available to you, select "Additional alternatives to authenticate your identity" and then follow the on-screen instructions (this backup option is not available for all users).

Anonymous (not verified) Says:
Tue, 03/21/2023 - 05:58

Sign in with your Crypto.com account to manage your Crypto.com Wallet, buy and sell cryptocurrencies and more
Crypto.com Sign in | aol mail |

Thomson (not verified) Says:
Tue, 03/21/2023 - 05:23

How can you redeem your points?
There are so many ways through which you can redeem your points by stepping ahead for an American Express Login. Some of the categories listed by the company from where you can redeem your credited rewards are as follows:
· INSTA vouchers
· Travel partners
· Cover card charges with points
· Book travel
· Pay with points (pay for almost everything)

Jack John (not verified) Says:
Mon, 03/20/2023 - 11:21

There could be different factors that make an exchange a perfect one. If safety is your primary concern while using a crypto exchange, then I would suggest you use Kraken.com. After signing up, you just need to use your Kraken Login credentials and you can start your crypto trading journey right away.
Gemini Login
Gemini Login
Kraken Login
Kraken Login
Kucoin Login
Kucoin Login
Uphold Login
Uphold Login
Metamask Login
Metamask Login
Metamask Wallet
Coinbase Pro Login
Coinbase Pro Login
Coinbase.com Login
Coinbase.com Login
Coinbase.com Sign In
Coinbase Sign In
Phantom Wallet
Atomic Wallet
Uniswap Exchange
Crypto.com Login
Gemini Login
Kraken Login
Kucoin Login
Uphold Login
Metamask Login
Coinbase Pro Login

Chardham Yatra (not verified) Says:
Mon, 03/20/2023 - 08:41

I must thank you for the efforts you have put in writing this blog. Chardham Yatra By Helicopter

Bank Of America Login (not verified) Says:
Mon, 03/20/2023 - 06:13

People who are new at Crypto Currency need to create a new account to start buying, selling, and storing cryptocurrencies. Read More:-
Bank Of America Login
PayPal Login

janne milton (not verified) Says:
Sun, 03/19/2023 - 15:47

If you're looking for a quick and easy way to log in to your PayPal Account, you've come to the right place. In this blog post, we'll give you a step-by-step guide on how to log in to your account, as well as some troubleshooting tips in case you run into any problems. So whether you're new to PayPal or just need a refresher on how to log in, read on for everything you need to know.
PayPal login
PayPal login

Jannifer (not verified) Says:
Sat, 03/18/2023 - 11:04

When you sign in with the true Kraken Login credentials and you get access to your crypto trading portfolio, you can start making transactions with it. While making the transactions, you will be asked to enter your 2FA login code so that the transaction can be authorized, making it safe for you.
Gemini Login
Gemini Login
Kraken Login
Kraken Login
Kucoin Login
Kucoin Login
Uphold Login
Uphold Login
Metamask Login
Metamask Login
Metamask Wallet
Coinbase Pro Login
Coinbase Pro Login
Coinbase.com Login
Coinbase.com Login
Coinbase.com Sign In
Coinbase Sign In
Phantom Wallet
Atomic Wallet
Uniswap Exchange
Crypto.com Login
Gemini Login
Kraken Login
Kucoin Login
Uphold Login
Metamask Login
Coinbase Pro Login

Amelia (not verified) Says:
Sat, 03/18/2023 - 09:50

I admire your well-written, excellent essay, which has value for everyone. Visit any of my websites for more information.

Gemini Login !
Gemini Login !
Kraken Login !
Kraken Login !
uphold login !
uphold login !
Kucoin Login !
Kucoin Login !
MetaMask Login !
MetaMask Login !
MetaMask Wallet !
Coinbase Pro Login !
Coinbase Pro Login !
Coinbase.com login !
Phantom Wallet !
Atomic wallet !
Uniswap Exchange !
Crypto.com login

Anonymous (not verified) Says:
Sat, 03/18/2023 - 06:32

Thanks for the great post you posted. I like the way you describe the unique content. The points you raise are valid and reasonable. I am a tech support expert telling you about.
Coinb | Saitamask

Roy (not verified) Says:
Sat, 03/18/2023 - 06:15

Thanks for the great post you posted. I like the way you describe the unique content. The points you raise are valid and reasonable. I am a tech support expert telling you about.
Coinb | Saitamask

Crypto.com Login (not verified) Says:
Sat, 03/18/2023 - 05:43

Initially using Monaco Coin (MCO) as its native cryptocurrency, the Crypto com ecosystem has switched to adopting CRO coin for all of its in-network features. All Crypto.com customers were urged to swap their MCO into CRO on the Crypt.com Login app by November 2020, even though MCO was first utilized to run the trading application on the website.

Jannifer (not verified) Says:
Fri, 03/17/2023 - 11:00

Roy (not verified) Says:
Fri, 03/17/2023 - 07:07

Thanks for the great post you posted. I like the way you describe the unique content. The points you raise are valid and reasonable. I am a tech support expert telling you about.
Coinb | Saitamask

Jack John (not verified) Says:
Fri, 03/17/2023 - 06:53

You can surely access your Venmo Login account on any suitable device of your choice, is the quick answer to this topic. Hence, if you feel that you are ready to go, you can refer to the instructions that I will provide in the part below to follow in order to finish the procedure. But, you would only be able to do this if you still have access to your old device and the phone number you used to set up your account.

juliadsouza (not verified) Says:
Fri, 03/17/2023 - 04:25

Bank of America Login
Wow I can say that this is another great article as expected of this blog,
The website is looking a bit flashy and it catches the visitors eyes.
American express login

Charlie Johnson (not verified) Says:
Thu, 03/16/2023 - 11:27

We've got you covered with everything from rewards points to experiences. Also checkout our new ways to earn American Express Membership Rewards Dollars on your favorite purchases! American Express LoginCapital One Login

Jack John (not verified) Says:
Thu, 03/16/2023 - 11:03

Create a new Kraken Login account and then you can proceed to buy or sell around 120 supported crypto assets. If you are a beginner, then you are definitely going to love this platform as it has a very user-friendly interface. And the biggest perk of using this exchange is the low trading fee that it charges.
Gemini Login
Gemini Login
Kraken Login
Kraken Login
Kucoin Login
Kucoin Login
Uphold Login
Uphold Login
Metamask Login
Metamask Login
Metamask Wallet
Coinbase Pro Login
Coinbase Pro Login
Coinbase.com Login
Coinbase.com Login
Coinbase.com Sign In
Coinbase Sign In
Phantom Wallet
Atomic Wallet
Uniswap Exchange
Crypto.com Login
Gemini Login
Kraken Login
Kucoin Login
Uphold Login
Metamask Login
Coinbase Pro Login

PayPal Login (not verified) Says:
Thu, 03/16/2023 - 08:49

PayPal Login We want to help you transfer money quickly, easily and securely. No matter what country or currency you move your funds between, PayPal can be your partner in making international payments a breeze.
Bank Of America Login Bank of America Preferred Rewards has expanded to include new levels of benefits ... Easily deposit checks into your Bank of America accounts vis bank of America Login.

Anonymous (not verified) Says:
Thu, 03/16/2023 - 07:02

BOA LOGIN (not verified) Says:
Thu, 03/16/2023 - 06:17

Bank of America online banking services are being used by many individuals nowadays.This allows the American residents to make use of all the banking facilities within the blink of an eye. So, if you are also interested in using the banking facilities of Bank of America, then you may complete the Bank of America secure bank login process. In case you have not enrolled for the online banking facility till now, then you should complete the registration process now.

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
Please type the letters and numbers you see in the image to prevent automated spam submissions.
  _      __    _____   _____   __  
| | / | / __ \ | _ | / |
| | __ `| | `' / /' | |_| | `| |
| |/ / | | / / \____ | | |
| < _| |_ ./ /___ .___/ / _| |_
|_|\_\ \___/ \_____/ \____/ \___/

Enter the code depicted in ASCII art style.