04 Mar 2008 12:00 AM:
First of all Thank you to Ben Pitt for sending out letters on behalf of Joe Ashton. This was really helpfull and owners from phase 1 now seem to be slowly getting in contact. It is very important that all owners on Phase 1 contact joe. Ben please advise any owners of this that may come through to you on the phone.
We are concerned that only a percentage of owners seem to be contributing to community rates and a lot of owners seem to be under the impression that they should not pay as they havent had their furniture and air conditioning. I would advise all to read the following snippit taken from the HORIZONTAL LAWS which applies to us all.
The horizontal laws can be downloaded from the internet for free and should be read by all owners so that we all fully understand our obligations.
Entering a Community and the Role of the President
What is a community and what will it cost me?
Nearly everyone buying a home in Spain will automatically become a member of a community. They will be expected to contribute financially to the community in line with their share or “coefficient”. This share is written into the title deeds “Escritura” of the purchased property and is not changeable except in rare circumstances (sub division etc.). The coefficient is calculated when the community is completed and, as a rule of thumb, is roughly proportional to the size of your apartment or house in relation to the overall size of the community.
What you actually pay will be your share of any expenditure* agreed at an Annual General Meeting or an Extraordinary General Meeting. It is your responsibility to be aware of these charges and to pay them ignorance is no excuse and bills are not sent. There are two very good reasons for paying your community charges on time. The first is the moral issue as you are expecting your fellow owners to finance you if you do not pay and in some cases the community will deteriorate as, of course, the cleaners and gardeners won’t work for nothing. The second reason is that the community now has the ability to (through court action of course) freeze your bank account and seize the apartment. Of course this is always a last resort and time consuming but the community always wins and the costs are charged to the delinquent owner. The community can also apply penal charges to late payments and owners in debt have no voting rights at a meeting.
Community thread:
Murcia Furniture
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