Posted: Mon Nov 27, 2023 11:58am
Just a bit more on this.....
Just checked with my friend and she paid 850 not 750, still way lower than 1700. The charges for the repainting were agreed at AGM and taken from bank accounts at the same time as the quarterly Community Fees. The contract was awarded after taking 3 quotes. A couple of apartments did not pay and they are being pursued legally and yes will be embargoed if payment isn't recovered.
The funds allocated for painting should not have been redirected to 'repairs'. Unless of course previously agreed by the owners, but it sounds like it wasn't.
You may already know this but here goes. Each Community normally runs a budget surplus - the money left over after all annual expenses are paid out. Obviously this varies from Community to Community. It is from this surplus that the President/Committee can REQUEST large sums for repairs to be paid.
Many communities give the President/Committee a pre agreed emergency fund level they can draw on without an AGM/EGM. Again this will vary, but often it will be eg up to €x you don't need to consult the owners but over €x you do.
The key to this problem is that somehow, somewhere your painting fund or at least part of it has been redirected. Whether that was with owners permission or not you could do with finding out. Did you attend any meetings/have you got minutes? If not then contacting other owners would be the place to start the investigation process, then the Administrator.
Incidentally I sold a property in Altea 1999 and was told by the Abogado it had an embargo on it. When I went to the Town Hall it turned out to be for an obscure charge no one had heard of - €14 euros. Yes, they put an embargo on for €14!
I'd certainly be interested to hear how you get on, keep us posted?
Steve