We have grown from a modest startup to a significant mid-sized player. We employ talented people and a manage many units. So we know handovers are not always easy and how to protect you if records are incomplete, getting records together to set you up for block management is our headache not yours.
We follow the ARMA recommended handover requirements, so we know that all data relating to the property, insurance, contracts and contractors, the lessees, legal issues, accounting, staff, health & safety and company information are accurately received and processed on handover.
We like to write out to all owners before we get appointed to let them get a flavour of ABC Estates and our friendly approach. You’ll find us approachable to give you advice both before and throughout the transition process.
With as little as a lease and list of owners immediate set up is possible. We’ll reserve the position on opening balances and other matters whilst our detective work pieces the rest together.
Investigating your past concerns:
If your balance sheet is not clean, we can advise and uncover what's been hidden.
If your worried about past overcharging, we can advise on reasonableness and recoverability.
Ability to take emergency action
If your accounts are late, our Accountants can compile and submit.
If you company are under threat of being wound up, We'll apply to filing extensions.
If your past Agent wont provide what we need after 3 months or was unregulated.
After 3 months this can become an official complaint to ARMA, the Ombudsman.
It you've achieved your Right to Manage but cant get the funds.
Because service charges in the pot belong to leaseholders, We can file a Section 94 application with the Tribunal.
Reducing your overheads going forwards
If you're a small block and your lease requires a full accounting audit,We can advise on a Section 37 application to the Tribunal to vary the lease
Ensuring the continuity of your Right to Manage company
If you're worried about people dropping out leaving you with the RTM company costs, We can advise on registering a restriction on titles to require new owners to become members