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What our customers are asking

I’m happy to host the AGM in my property. Is this possible?

What a lovely idea, just suggest this to your Property Manager. 

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Can I recommend a venue to host the AGM?

Of course. Just suggest this to the Property Manager.

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Why do we need a Company to run the block/site?

A company is need to run the block or site as under UK law only 4 people can own a title at land registry. The involvement of Freehold & Resident Management Companies enable larger groups of people to be in control of a block.

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What happens if there are no Directors?

Companies House would strike the Company off the official register leaving owners unable to easily sell their properties.

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How many Directors are needed?

A good sized Board would be 3-5 people. 

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I am thinking of becoming a Director. What does a Director do?

Directors act as the ear to the ground and voice for the site. Directors influence the budget, can suggest improvements, help set the timing for major works, carpet renewal etc… Directors also approve the accounts, make decisions on consents under the lease i.e. pet ...

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An important decision needs to be voted on. Do we have to wait for the next AGM?

No. The Board or 5% of the Shareholders can call an Extraordinary General Meeting (EGM). 

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What is the process after the meeting?

After the meeting, the minutes will be issued so you can see the actions arising. You can log onto the Ringley Gateway™ and watch as we action things.

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I can’t attend the AGM meeting. Can I still vote?

Yes. Please complete the Proxy Form and then another attendee can vote on your behalf.

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Why are there two agendas?

If you have received two agendas, one is for the AGM and the other for the Informal Residents Meeting. Strictly speaking, the AGM is just for company business (the statutory accounts, appointments and resignations etc). The Informal Residents Meeting is where matters...

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