Management Company

What is the Management Company?

This Management Company is usually contracted by the Home-Owners Association or the Property Owners Association, to carry out all the day-to-day management of the resort. Frequently the resort developer will have a controlling interest in the company contracted to manage the resort. Management fees usually take the form of a yearly charge which will be divided among owners and, generally, included with the annual or biennial maintenance fees.

Back to Glossary