What am I responsible for as the owner of a property in an OMC?
OMC's - Block Management - Multi unit
You become a member of the OMC when you purchase a unit in a multi-unit development. This occurs automatically, indicating that you have legal rights and responsibilities.
Your solicitor will obtain a copy of your membership or share certificate when you purchase your home. This is a crucial legal document that validates your membership in the OMC as the owner of a unit.
You have a say in how the common areas are managed as a member of the OMC. If you are chosen as a Director of the OMC, you will be involved in the company’s management.
You have several responsibilities as a member of an OMC, including:
– To pay Management Fees
– To pay Sinking Fund Contributions
– To be subjected to House Rules
Phil Thompson, Sales Director.
I get asked by South County Dublin Home Sellers how to get the best price for their home all the time!
So, if you are struggling to know what your home could achieve in the market right now and would like some clarity, fill out the form below for a 10-minute call.
What Phil’s happy customers say …
“…which literally added tens of thousands to the price achieved“
– RICHARD CULLEN
“We achieved a sale price far in excess of what we expected“
– CIAN O’HERLIHY
“… helping us achieve the best possible result for the sale“
– JOSEPH CADDEN
There is no obligation to engage our services once you receive your phone property consultation from Phil
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