I thought i would have my keys today, but things got delayed yesterday, just to do with the fixed rate and varible rates, and I have to have my mortgage changed so that will take a day or two, so hopefully I should have my keys by weds week.
Now do you know you can't just change management companies as handy as you think. First all the appartments have to be sold, and the theory is once that is done the management is passed to the tenants(us). But if the builder has a kept one of the apparments for himself or a son or daughter then they are never all sold!!! Thus we can't change management companies.
But if this isnt the case and all the units are sold we take over the management and can appointment a management company or if anyone has no life they can do it
We are members or something like that from the time we pay our fees
You need to be really carefull though messing with management companies, for example if they cant get the fees out of a particular appartment and say the insurance dosen't get paid, and there's a fire. You have, no appartment, no insurance but you still have a mortgage!! or if the management fees aren't all up to date you won't be able to sell your appartment either.
I agree our fees are way to high but the builders and the management companies have us by the short and curlies.........