Property management companies are used to manage the whole of or parts of a site or building on behalf of its owners. They are most commonly used for residential flats but can also be used for commercial or industrial purposes, and can be limited by shares or guarantee.
We can provide tailor-made property management companies with suitable articles of association for all these circumstances. Every draft provides for the automatic transfer of membership when dwelling or unit holders change. If required we can also provide weighted voting rights in favour of any developers to allow them to retain effective control of the company until every flat or unit is sold.
The right to manage is a new power which allows leaseholders of flats to take over the management of the building in which their properties are situated without the need to show the landlord is at fault or pay any compensation for exercising the right. Jordans can form a Right To Manage (RTM) company for you.
Download property management company order form | Download RTM company order form
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