How can I find out about an owners’ management company before I buy an apartment?

'I am afraid I will miss something if it is explained in legal/technical jargon, and regret it later.' Photograph: iStockI am finally sale-agreed on the apartment I want to buy in Galway. However, I don’t have much information on the property management company, other than the annual management fees.

When you are buying your apartment, you will have appointed a solicitor to represent you. Your solicitor will carry out many functions, including completing searches on the background of the property in question.Can I make a claim to own the strip of land behind my house?These searches include the requisition on title. For an apartment, this requisition is more commonly known as the “MUD Act inquiries”.

There are some background searches that you can carry out yourself, independent of the work of your solicitor. The property management company that oversees the management of your property will probably be registered at the Companies Registration Office , and you can perform a background search of this company checking its compliance by logging on to the CRO website.

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Fuente: IrishTimes - 🏆 3. / 98 Leer más »