ARMA now supports transparency, regulation, good governance, ombudsman, open debate, protection of leaseholders’ interests etc etc … having for years benefited from the subscriptions of large companies which have loaded stealth charges, trousered sneaky commissions or awarded their own subsidiaries absurdly generous contracts. All paid for by ordinary leaseholders.
This has been upheld time and again at LVTs, which is why so few in the property industry, Parliament or the civil service are still persuaded by this organisation.
It is a fig-leaf that no longer covers the naughty bits.
FACT: No managing agent has ever publicly been expelled from ARMA.