Both RTM and RM’s are limited liability companies and therefore the directors need to be aware of their duties and liabilities.
Browsing: Manage Your Block
It is most important that you invite prospective agents to the building, to see it and to meet the RMC committee.
On 1st October the final elements of the Companies Act 2006 come into force and could affect the way 60,000 existing Residents Management Companies (RMCos) are structured and run.
We are a small block and appointed new managing agents when we were not happy with the service provided with the previous ones.
As with any project, the key to success where the Right to Manage is concerned is proper preparation. Mark Chick explains more.
For the past 10 years the residents of a block of 29 flats have been running a residents management company.
Could you please tell me whether the RMC has the right to a copy of the tenancy agreement on a rented flat in our block?
We are living in a ‘Do It Yourself’ world with the internet providing thousands of ideas with wonderful solutions and instructions, making us think anything is do-able and achievable.
A building will not manage itself, and there is much to be done if the leaseholders are to receive the services promised in the leases and the building kept in good repair
Residents Management Companies members are usually the leaseholders. The RMC must keep an up to…