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Lavery Mitchell provide assistance in the process of managing the communal areas of residential development through our Block Management Services.
Each individual homeowner within the development will be known as a shareholder and form part of a limited Company (A Management Company) with shared funds.
Each owner will have voting rights to cast in relation to how the shared funds are spent on maintenance and upkeep.
In most cases the management company will appoint a management agent to oversee and coordinate the smooth running of maintenance works and to meet the shared financial requirements and account filing on behalf of the Management Company.