PD
Pumelele D
1 reviews | Active since Dec 2019
05 May 2023, 08:55
Managing Agent not refunding co-owner almost R20k
After selling my unit in one of the body corporate's where Angor is a managing agent, almost 6 months later they have not processed my refund of about R20k. This money is sitting in the body Corporate account not earning any interest for me but earning interest for the body Corporate.
The sad part about it is that Angor don't even bother to respond to emails or give any form of update. The question therefore is whether Angor is in cahoots with the body Corporate to earn interest on previous owner refunds and make it seem like the body Corporate is liquid with enough money.
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Angor Property Specialists - Property Management's replyOfficial
05 May 2023, 16:17Thank you for contacting us via Hello Peter. All financial transactions at this Scheme are strictly authorised by the Trustees only. The Trustees have considered your refund amount due to you as well as the challenging financial position of the Scheme and have authorised ANGOR to release 50% of the refund amount due to you. As soon as we receive authorisation, we will release the balance due.
Angor Property Specialists - Property Management's reply05 May 2023, 16:17
Official
Thank you for contacting us via Hello Peter. All financial transactions at this Scheme are strictly authorised by the Trustees only. The Trustees have considered your refund amount due to you as well as the challenging financial position of the Scheme and have authorised ANGOR to release 50% of the refund amount due to you. As soon as we receive authorisation, we will release the balance due.