Who owns communal buildings?
Posted: 29 Oct 2009 16:15
Hi Nigel,
Can you tell me who usually owns the communal buildings and facilities on a communal development (e.g. clubhouse, shop units, bar etc)
We have purchased off plan on a development with such facilities and I was concerned to learn that at another development by the same developer, a charge was made to the owners committe (taken from their maintenance fees) for rental of the clubhouse and bar. I had assumed ( and cannot find anything to the contary in our contract) that all owners on the development (which includes a mixture of apartments and villas) would own a share of the common areas (including roads, pools, clubhouse etc etc)- we are certainly liable for their maintenance. In which case why would we need to rent them from ourselves?
Is there an accepted way of running communal facilities in terms of what is usually charged for?
I would be interested on your thoughts
Also have you ever heard of an additional 'development preparation charge' - to cover the communal facilities and payable on completion. Again this has been charge at another similar development - but we have never heard of this before and had assumed that the purchase price included all the communal facilities to the point of them being fit for use (that was certainly the impression given during marketing)Essentially the property was marketed as being on a communal development with facilities to include several outdoor communal swimming pools and sunbathing areas, shop, bar/ restaurant, clubhouse with indoor pool, gym, jaccuzi etc
The previous development apparently got a bill of more than £2000 equivalent each for 'development preparation / setup' (which would be more than EUR 500 000 for the whole development by my estimation) - that's a lot of preparation!
Have you heard of this before?
Of course we realise that we are responsible for maintenance fees once the development is delivered but weren't expecting to pay anything else.
thanks
Julie
Can you tell me who usually owns the communal buildings and facilities on a communal development (e.g. clubhouse, shop units, bar etc)
We have purchased off plan on a development with such facilities and I was concerned to learn that at another development by the same developer, a charge was made to the owners committe (taken from their maintenance fees) for rental of the clubhouse and bar. I had assumed ( and cannot find anything to the contary in our contract) that all owners on the development (which includes a mixture of apartments and villas) would own a share of the common areas (including roads, pools, clubhouse etc etc)- we are certainly liable for their maintenance. In which case why would we need to rent them from ourselves?
Is there an accepted way of running communal facilities in terms of what is usually charged for?
I would be interested on your thoughts
Also have you ever heard of an additional 'development preparation charge' - to cover the communal facilities and payable on completion. Again this has been charge at another similar development - but we have never heard of this before and had assumed that the purchase price included all the communal facilities to the point of them being fit for use (that was certainly the impression given during marketing)Essentially the property was marketed as being on a communal development with facilities to include several outdoor communal swimming pools and sunbathing areas, shop, bar/ restaurant, clubhouse with indoor pool, gym, jaccuzi etc
The previous development apparently got a bill of more than £2000 equivalent each for 'development preparation / setup' (which would be more than EUR 500 000 for the whole development by my estimation) - that's a lot of preparation!
Have you heard of this before?
Of course we realise that we are responsible for maintenance fees once the development is delivered but weren't expecting to pay anything else.
thanks
Julie