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12 Mar 2008 12:00 AM by womble 2 Star rating. 43 forum posts Send private message

Hi,

Just wondering why fees based on size of apt?  I would have thought the fees just go towards the communal areas which is the same for everyone?  This is all new to us, so if anyone could enlighten us?

The €300 initial fee has been taken.  We completed end Feb, so when do AEA take next community fee?  Do we need to set up a DD?

Thanks.

Fionnuala

 




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12 Mar 2008 10:31 PM by PMillsom Star rating in Midlands. 469 forum posts Send private message

PMillsom´s avatar
Fionnuala
It's the horizontal property act: that determines the basis of charge allocation.
If you have a three bed apartment is makes sense to me that you consume more of the community facilities.

"An assessment quota shall be allocated to every unit in relation to the value of the
building and expressed as a percentage of said value. Said quota shall serve as a
coefficient to determine individual unit shares in the expenses and benefits of the
community. Improvements or impairments shall not affect the quota allocated to an
individual unit, which may be altered only by unanimous agreement"

Charge allocation will never be perfect.  Eg. Ground floor occupants might use the lift less.
Some rent out their apartments whilst others   use their premises for say just 6 weeks a year but we all pay on the same common basis.

This seems to be a good translation here http://www.santamariaowners.com/Downloads/Horizontal%20Property%20Act.pdf

Should you pay be direct debit. ?   Yes. 
A.E.A. much prefer that method. 

I'm just setting up a Direct Debit myself.
You need to be proactive.

It seems that whilst A.E.A. can email me notices of the AGM  and even post AGM notices to my house in the UK  they are completely
incapable of   sending me a statement or invoice of my community charges.   And thus  if you do nothing  you will find yourself on the debtors list
at the 2009 AGM !!

Hopefully the community charges will become lower as the site settles down and when all the apartments are built.
It would be interesting to see next years community budget.   As an former Management Accountant I find the lack of quality information frustrating.

Paul








This message was last edited by PMillsom on 3/12/2008.


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13 Mar 2008 12:05 PM by womble 2 Star rating. 43 forum posts Send private message

Paul,

Thank you very much for all the information.  We will contact AEA to set up DD immediately.

Regards

Fionnuala




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13 Mar 2008 4:17 PM by michael52 Star rating in Bushey, Hertfordshir.... 308 forum posts Send private message

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It is exactly the same in the UK.

I have a number of flats and the service charges as laid down by the management company are all based on floor area or number of bedrooms.

Michael



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