director_mc
Registered User
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Looking to become a director of our management company;
Going forward as a director am I liable for anything?
I understand our current management agent has pursued for arrears legally, but they say that when a member makes an effort to pay (usually a once off payment of 100 euro), it resets the whole legal steps again and the management absorbs any legal costs.
Question for directors on here, how successful have/can you be collecting arrears? In an estate of houses there are no services that can be withheld by the managing agent to encourage members to pay their arrears.
Would appreciate any advice going forward as a director. Thanks.
- 100 units (houses, no apartments)
- Two of the original developers are directors
- They don't attend AGMs
- Issues with our sewage treatment plant (it smells), there are suggestions that the plant shouldn’t have been approved for the 100 units (the estate was built in two phases)
- The current ad-hoc committee have an 'agreement' with the property management company to approve budgets etc and the directors just sign off.
- Common areas & sewage treatment has been handed over to our management company
- We are in arrears of approx 30K, I understand it is down to 5 members (some owner/occupiers, some are landlords leasing their properties)
- Our managing agent used to list each members arrears, but now I understand this is against Data Protection
- What's the responsibilities of the directors?
- Can directors be accused of neglect?
Going forward as a director am I liable for anything?
I understand our current management agent has pursued for arrears legally, but they say that when a member makes an effort to pay (usually a once off payment of 100 euro), it resets the whole legal steps again and the management absorbs any legal costs.
Question for directors on here, how successful have/can you be collecting arrears? In an estate of houses there are no services that can be withheld by the managing agent to encourage members to pay their arrears.
Would appreciate any advice going forward as a director. Thanks.