After purchasing your home in a private residential development, you become a member of the Management Company. The function of the Management Company is to maintain the development to a high standard. Generally, the Property Management Company appoints a Property Management Agent, such as Erin Property Management , to undertake full responsibility for the day to day running of the Company.
- Preparation of Service Charge and Sinking Fund Budgets
- Collection of Service Charges (including reminder letter and liaison with solicitors in cases of non-payment to ensure 100% collection)
- Maintenance of bank accounts, checking approval and payment of creditors invoices
- Liaison with clients Auditors in relation to Annual Accounts
- Dealing with Inspector of Taxes and Collector General
- Advisor on insurance matters and handling claims
- Attendance at Annual General Meeting
- Obtaining quotes and appointing qualified contractors to carry out routine repairs and maintenance Arrangement of clearing of common areas
- Maintenance of grounds
- Refuse collection by Local Authority
- Arrangement of maintenance contracts for services including:
- Lifts
- Electric Gates
- Crash Barriers
- Fire Alarm System
- Inspection of all common areas on a regular basis to ensure satisfactory maintenance of Common Areas
- Ensuring block insurance is in place