Management Company MOT: Is Your Block Management Performing Well?

Managing a shared freehold block comes with responsibilities. If you’ve ever felt frustrated about unresolved issues or disorganized meetings, it may be time to assess how well your management company is performing. Take this simple quiz to find out.

Meeting Frequency and Decision-Making

How often does your residents' committee meet?
Do you hold Annual General Meetings (AGMs)?
Are meeting minutes taken and properly filed?

Regular and structured meetings are essential for effective block management. Without them, decisions can be unclear, and issues may remain unresolved.

Productivity and Communication

How productive are meetings?
How contactable is your managing agent?
Who carries out the workload of the management company?

A well-managed block ensures meetings are structured and inclusive. Good communication with the managing agent and fair workload distribution contribute to smoother operations.

Leadership and Strategic Decisions

What percentage of flat owners are Directors?
How many strategic decisions have been made this year?
How many people are involved in making block decisions?

Strong leadership and collective decision-making ensure that the block is managed effectively and fairly for all residents.

Fairness and Transparency in Decision-Making

Do you think the decisions are fair?
Do you have a share certificate?
Have you read the lease for your property?

Fairness, transparency, and adherence to legal obligations are key to a well-functioning management company. A lack of these can lead to disputes and inefficiency.