Every development has common areas and a combination of apartments/duplex units/houses
WHAT ARE COMMON AREAS?
Common areas are those parts of the development which do not belong to any single individual but are collectively owned by all the members/owners - the lobby in the apartment block, the lifts, the car park, the grounds etc.
WHO LOOKS AFTER THESE AREAS?
The Management Agent, on behalf of the Management Company, looks after these areas ensuring that they are maintained to the highest standards. The Management Agent, working together with the Board of Directors/Committee, prepares an annual budget for all the services required to maintain the development. The budget is presented to the members for approval and a service charge is issued to each member for their portion of the amount required to maintain the common areas.
The Service Charge paid by an owner is paid into your management company's bank account and the Management Agent is paid a monthly fee out of this.
WHAT ABOUT MY APARTMENT/DUPLEX UNIT/HOUSE - DO THEY LOOK AFTER THIS AS WELL?
The Management Agent, on behalf of the Management Company, has no responsibility for the inside of an owner's unit. This is the sole responsibility of the owner. The Management Agent will try to assist the owner as much as possible with any queries they might have in relation to issues arising in their unit.