28th May 2009
Green Party candidate for the Carrigaline area of Cork County Council and for Passage West Town Council, Cllr. Dominick Donnelly, has welcomed the introduction of the Multi-Unit Developments Bill which will help regulate management companies. The bill sets out new legislation on service charges, house rules and the resolution of disputes between management companies and apartment owners.
Cllr. Donnelly said: “Over the past decade, we saw a large increase in the building of apartments and small housing estates and the existing legislation under which property management companies currently operate is inadequate to deal with and resolve the various difficulties being experienced by individual apartment owners.”
Cllr. Donnelly continued: “Today’s announcement is a real boost for apartment owners in the Cork area as it provides more security within multi-unit developments. The Bill will improve the management and maintenance of the internal and external common areas in apartment complexes, and specify the calculation of service charges and the holding of annual meetings by management companies. The Bill also includes provisions for the resolution of disputes. These are all issues which have been coming up on the doors again and again.”
For more information see: www.oireachtas.ie
0 Responses to “Cllr. Donnelly welcomes new legislation to regulate management companies”