New Management Agent. No vote.

Eire Go Brach

Just found out we are getting a new management agent. No AGM was called this year because of COVID. So they new one was not voted in.

It looks like the directors made the decision themselves.

Is this allowed? I feel it’s jobs for friends.
Our present management agent have been the best ones since I moved in.

Caranica

Eire Go Brach wrote: »

Just found out we are getting a new management agent. No AGM was called this year because of COVID. So they new one was not voted in.

It looks like the directors made the decision themselves.

Is this allowed? I feel it’s jobs for friends.
Our present management agent have been the best ones since I moved in.

The directors are charged with making decisions affecting the running of the development in the best interests of all the owners. They do not need an AGM to authorise a change of agent.

However, it was still a legal requirement to hold an AGM in 2020, legislation was introduced to allow for these to be conducted online and the deadline was extended to 31 December.

the_syco

Eire Go Brach wrote: »

Our present management agent have been the best ones since I moved in.

By moving in, I assume you bought the place, as opposed to renting it?

Eire Go Brach

the_syco wrote: »

By moving in, I assume you bought the place, as opposed to renting it?

Thanks for the replies.
Yes I bought it. There was no AGM last year. Even with the deadline extension. It’s frustrating that the directors can call the shots. Specially if it’s being given to your mates.

dotsman

Well, at the next AGM, ask them to explain it (and why they held no AGM last year). And if you are not satisfied their answers, vote to replace the directors. Volunteer yourself to go as director if needs be.