A residents' committee might sound like a bit of a hassle that's gonna rip off significant time and amount of money that you'd rather spend on something else-- and it's understandable if you think that way. In fact, statistics show that 90% if communities and people's housing projects (PPR) don't have a residents' committee. However, if something unexpected happens to the neighborhood, it will be addressed more properly and urgently if you have an official group to be concerned to these kinds of matters.
So what exactly are the benefits of a resident's committee? One is that it embodies the as aspiration and ideals of the community's residents. It formulates rules and by-laws which residents' and to-be residents are to know in order to promote a harmonious living. It is responsible for collecting fees from inhabitants to ensure cleanliness and maintenance of neighborhood facilities, as well as the security of the residents. These fees can vary from community to community, depending on the lifestyle and needs of its people.
This amount is stated in the rules and by laws formulated by the residents' community in order to inform new residents that this is one of the obligations that they will have to meet, perhaps on a monthly basis. The good effects of this commitment might not be abrupt, but it will prove itself to be beneficial for everyone in the long run.
Even in the presence of a property manager, a residents' committee is still important to be the voice of the individual residents. It will make sure the funds collected for maintenance and safety will be used to its intended purpose. In case a resident or several residents are not satisfied with the way the funds are driven, they can question this via the residents' committee.
Moreover, it also promotes unity and camaraderie among the residents. It's to live in a community where you know who your neighbors are.