Call for legislation on management agencies

As growing numbers of people embrace apartment living, often touted as a hassle-free approach to modern life, many are facing problems they never anticipated when they put pen to paper.

Michael Noonan, who recently established the Institute of Residential Management Companies, said the legal intricacies and lack of regulation of the management of apartment complexes could cause problems for buyers.

Noonan has been involved in the property business for 20 years and assisted ...