28 Jun 2008 10:58 AM:
Today I got an invoice from Sagesa for community charges. I have no problem with paying community charges, but I have to know the basis for such charges. These are some of the problems that Sagesa need to explain
- what is the period for the community fees - the invoice doesn't clearly identify this, but has Ref: CUOTA ANO 2007 on the invoice. I hope this isn't 2007
- what are the underlying costs incurred, so we can identify whether the costs are genuine community costs or developer costs
- what is the method of allocation, not just theory, but the calculations. From my point of view I would think that genuine community costs can only be charged to an owner following completion, prior to this the developer has to pick up the costs
- With my american timeshare I am used to getting a set of accounts, against budget with explanations, I would expect the same here
I have e-mailed Sagesa and asked for some explanations and will see what happens.
I have to say that Sagesa have got off to a bad start. I would of expected to have received papers from Sagesa explaining who they are and outlining how the community charges were going to work, before seeing a bill. If at some point in the distant future we have more owner held apartments than empty I would think they end up being responsible to the owners. They need to bear this in mind and provide clear guidance & good accounting
Thea I am sure has some sensible thoughts on this.
Mike
Community thread:
1.9mtr sat dish and stand
--------------------------------------