Presentation Thanks – Service Charge Collection and Debtor Management
A full house in Wood Quay, followed by a spirited Q&A session, stressed the importance of the topic for owners’ management companies.
Combined with sinking funds guidance from John Duffy in November, the Network continues to supply essential knowledge to OMC directors and apartment owners.
Property Management Agent Licensing
Responding to a ‘hot topic’ from our last meeting; providers of property services for reward must hold a licence from the Property Services Regulatory Authority. In fact, it is a criminal offence to operate for reward without a licence.
This is the ‘go to’ publication for Company Law queries in relation to OMCs. Rules on voting, AGMs, board meetings, company membership, etc., are all explained.
While the Handbook remains to be updated for the provisions of the Companies Act 2014, the principles and guidance are largely unchanged.