Strata Titles Board rules that MCST has no power to permanently remove common property

We provide out-sourcing finance team for managing agents. We were recently tasked to do a handover/takeover (HOTO)  from the outgoing MA to my client who will be the incoming MA for a fairly large condominium Many would have experienced that there will be disputes of incomplete performance on either parties that one party will hold…

To all MC, Each MA will create a new email for your SP to contact them for report of defects, applications , or any correspondences. When the MC decided to change your MA, what happened to the follow ups that are still pending? Who owns the email trials? How do you handle the emails that…

Are you still calculating manually the late payment interest ? Do you include the day the payment received or not including the day the payment was received? Sounds familiar? The one that owes a late payment interest (your SP), will most often challenge the way your system calculate the late payment interest. We have seen…

Hi business owners or managing agents, It is not unheard of that a manager resigned and the rest of the colleagues follow suit en masse Whether they set up the same business to compete with you or join your competitors, the fact that it create a vacuum in your operation, may it be partially paralyze…

To all management committee (MC) , Many a times, when  a new Managing Agent (MA) is appointed, the accounts will be managed and input by the accounts department of the MA. If for any reasons the MA is to be replaced, the handover of accounts will be carried out and the new MA will have…

One of the many important tasks for managing agents is to monitor the due date of licenses, and end of contract maintenance date or insurances for each of the projects. As you take in more projects, the number of due dates that comes with each project increases. You will say that “I have my hand…