9:35 AM, 10th January 2014, About 8 years ago 13
The management company of a development of apartments is trying to raise the service charges. The increase in the charge wasn’t on The AGM agenda as such, however it was discussed during the AGM and agreed. Unfortunately, I wasn’t
able to attend the AGM (being one of the landlords).
Interestingly, the only attendees for the AGM were 2 directors. This is a very large development, so I am not certain how legal is it that the increase has been agreed to, only in the presence of 2 people out of the whole site?
Is that legal and binding to every one?
Looking forward to reading your thoughts.
Thanks in advance
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