Hi There,
We are purchasing a duplex on block 25, we visted the complex in April & have heard nothing from Keymare since that time, except for a letter asking for our final payment. This proved to be an error on their behalf.
During our visit we were told by Keymare that there were 60 unsold properties.
The key factor of the community meeting from Keymare's point of view is the setting up of an owners management team to take over the responsibility of the maintenance of the common areas. From the owners point of view this should not be until all the properties and the common areas are compete.
Whenever Keymare calls the meeting it is essential that the owners have the majority vote, this could be through members attending or by a writien proxi vote. We must have the final say under which terms and conditions the maintenance contract is let. Unless someone comes up with an alternative we may have to accept the contractor who is proposed by Keymare but with a majority vote we could limit this to a short term contract. If it's left to Keymare we could find ourselves with an expensive, underperforming contractor on a long term contract.
Owners on the "Resedential & Hills " complexes have gone through this exercise during the past 18 months, I think that if any of our members has contact with any owners from these complexes we could learn a great deal from them.
Stuart