Status Mark is ***********

This managing agent cannot manage maintenance, insurance or statement of account. They will tell you that they have forgotten, yet they seem not to forget to raise debt collection fees regardless of the incorrectness of the statements they produced in my case. My estate/scheme is also without maintenance budget and insurance savings which only 8% of total premium is related to common area is squirreled away into some sort of maintenance reserve account. Which means that 92% of the money saved on insurance is miss appropriated. 92% of insurance spent on group schemes are directly apportioned to the titleholders' premises and not the common area. Yet this managing agent (who is the appointed expert) is advising the owners and trustees to continue with the expense unaltered.