OMC's - Block Management - Multi unit
The Multi-Unit Development Act 2011 (MUD Act) enables apartment owners to take control of common areas and the management of the complex for the benefit of all residents.
The Act requires that before a developer sells any units:
– An owners bmanagement company (OMC) must be set up
– The common areas of the development must be transferred to the OMC
A multi-unit development is made up of at least 5 residential units that share company facilities and services. Most multi-unit developments are apartment blocks, but groups of houses that share common facilities can also be an OMC.
Phil Thompson, Sales Director.
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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