Veridia

Conflicts of interest policy

When we have an interest of our own, and what we do about it. Published because we have related activities and because we would rather it be minuted than raised against us at a meeting.

Veridia and [AmigoFix] are related. One looks after communities. The other helps individual owners with coordination and language. Both can end up working in the same comunidad. When that happens, these rules apply.

The six rules we apply

  1. We say so in writing before anyone asks

    The connection is declared in the engagement document itself and recorded in the minutes of the relevant general meeting.

  2. We do not control the formal acts of our own appointment

    We do not write the notice or the agenda for a meeting where we are a candidate. We do not act as secretary at that meeting. And we take no part in counting the votes.

  3. Third party fees are billed to the community

    Lawyers, surveyors, notaries and auditors are engaged by the community and bill it directly. Veridia adds no margin and receives no commission.

  4. We do not advise on replacing the agent if we are a candidate

    That advice is given by another professional or not at all. Giving up that piece of work costs little and removes the easiest objection anyone could raise.

  5. We ask that the current agent be invited

    When a comunidad compares firms, we ask that the current one be invited on the same terms. It makes the decision stronger, and much harder to challenge later.

  6. No supplier commissions

    We receive nothing from the companies working for the community. Any connection with a supplier is declared in writing before it is engaged.

Why this page is public. A conflict declared early is just a fact. A conflict found out late is a problem. If you ever think we are not keeping to one of these six points, write to us, and we will answer in writing.

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