Closure on the MCST Arrears issueAn email today from the Lawyer's office
This 'deduction' was not listed in the Legal letter dated 12 Mar 2018 - and it should have been. In that letter only 4 deductions were listed:
(a) Payment towards mortgage loans
(b) Refund of CPF monies
(c) Outstanding SSD matters
(d) Fees & disbursements
Missing deduction
(e) Outstanding Maintenance fees/Privatisation costs/other unpaid costs (including late payment interests/penalty)
After this deduction is made, I want to see it reflected somewhere that it was added to the main MCST Funds before the total is divided between the 560 units. The Numbers must add up Without a proper condo-manager doing what is essentially the MCST's job, the Lawyer is our last defence and we now have it in black & white (finally) that he has committed to do the work.
I see that even though regular SPs all have to deliver their MCST proof of payment by 12 April 2018 - those in arrears are given until Completion date.
I think we should skip the Managing Agent and the MC - and go straight for a qualified Liquidator.
I think we should skip the Managing Agent and the MC - and go straight for a qualified Liquidator.
SUBJECT TO CHEQUE CLEARANCE should be printed on receipt or statement ,if payment by cheque.
ReplyDeleteif SP pay by cheque,they shall be told to pay two weeks before they handover n collecting cheque,to allow for cheque clearance.