Credit Control

A very strict credit control policy is recommended to the trustees and, once approved, is rigidly enforced by Unlimited Townhouses.  A healthy cash flow for the body corporate ensures efficient management and prompt attention to all maintenance issues.  The policy recommended includes a punitive interest charge on late payments and arrear levies and if reminders are ignored either an application to the CSOS for an order to recover arrears or legal process through the courts i.e. issue of a summons  followed by attachment of movables, rentals, garnishee orders on salaries and, in severe cases, the sale of the property or the sequestration of the estate of the defaulter.