*****, *******ion, misappropriated funds, projects, unskilled contractors and wastes costs, caught their bluff since cancelled amidst financial year

Dear Marina

Appologies attached again

We have repeated called for a SGM with all owners to discuss and enlighten all owners of FPT *****, *******ion with funds misappropriated on wasted costs, levies, unskilled contractors labour and supply of materials and services to no avail as per judiciary duty of non compliance and governance rendered inappropriately by Debbie's Stoltz and their FFC no supervision since Inception 2016 to date having caught their bluff.

Very confusing after discussing with CSOS and the owners at Michael House first cancelled amidst financial year as per your usual tactics and now when raised with authorities you since suddenly on the contrary of no confidence in trustee and chairman after having raised concerns and expertise from the relevant authorities for your malpractices and unfair practices rendered *****ulently which is inappropriate. Please provide your appointed auditors for Michael House confirmation also not received for this stance of cancellation amidst a financial year as required by Sars suddenly vote of no confidence all this *****ulent activities perpetrated on owners investments must be escalated with relevant authorities as current trustees fiduciary duty to be circulated to all.owners that are paying CSos levy.

Awaiting your response to present to them accordingly. Unfortunately the said new owners have no idea of all your malpractices and unfair practices rendered by First Property Trust since Inception of your offices having formed this body corporate in 2016 however owners ( unit 9 ceiling collapsed twice due to your unskilled labourers recommended the insurance confirmed the same , unit 11 and unit 14 experienced burglary due to Debbie not submitted meter readings since 2016 as Debbie has access to registered service meters with COT where she received each month and never said anything led to burglaries as Tshwane ripped despite Debbie's unauthorised over payments of R90000 to COT without approval and as stated several times also no chairmans report since 2023 led to current chair person appointed by Debbie suddenly on the contrary of no confidence in more likely Debbie herself with no FFC hence Michael House has become their failed experiment this is ***** instead) have enquired at our AGM held at your offices in February 2024 have received no response to date.

When enquired as appointment of trustee and chair at AGM since led to subsequent consequent of no confidence instead. That's how FPT conduct mismanagement of body Corporate by approving trustees and chair persons with no knowledge less threat to your experiments to abuse and misuse body corporate funds to your satisfaction as you have in 2023 approving projects with unskilled contractors where we had put a 🛑 this year without a chairmans report by cleaning up all your malpractices instead caused a threat as you should deem no confidence in yourself instead as your FFC failed to supervise you as well.

After a comprehensive evaluation there's been no supervision by any fidelity fund certificate holder for 8 years by FPT failing to over see and supervise their untrained employees to conduct operations of a body corporate Michael House hence their failed experiments having since backfired.

We have as recommended in your attached cancellation amidst a financial year consulted other managing agents within which was informed only at the end it's evident you fail to follow protocol.

The previous agent has had same problem with your systems over charging interest when levies paid timeously have encountered the same tasted experience.

We regret providing constructive feedback which has since led to your denial and your technicality to play innocent role after having not conducted basic duties and administration of the body corporate whilst is evident. This has aroused much suspicion as you talk right and walk left hence if you could not with integrity supply correct readings for 8 years we need to understand what else is outstanding for you hastily cancellation amidst a financial year when we seeked advise it shows clearly your lack of confidence in both yourself and your operations as a property management company lacking integrity and attention to detail. Cannot tolerate being the beneficiaries of your lack of competence kick is from pillar to post.

Kind regards

Very concerned Trustees