Melville Security Initiative (MSI) (part of the Melville Residents Association) finally recovers its money from the Estate Agency Affairs Board (EAAB)
In 2012/2013 the managing agent of the MSI, a registered estate agent with the EAAB, misappropriated a portion of the residents’ funds held in their EAAB Trust account. The MSI submitted a claim to the EAAB in 2013 and followed all the requirements of the Estate Agency Affairs Act in order to recover the stolen funds. After completing all the requirements (including taking the previous managing agent to court) in late […]