The name of the game is flexibility — Charterhouse can be as involved or uninvolved as required. The aim being to leave the owners in control without the day-to-day headache of management ...Follow our 3 steps above, to Residential Property Management and find success and peace of mind with Charterhouse. The majority of contemporary developments are established on a basis whereby the responsibility to pay a share of maintaining the development rests with the owner. To facilitate this a Management Company is set up and each owner becomes a Shareholder of that limited company. A Management Company is formed by the Developer when the Development has communal areas that require maintenance either internal or external (or both). Once the Developer has completed construction and all apartments/houses are sold he/she will step away and pass all control to the Shareholders. It is the Shareholders responsibility to cover all costs of Company Secretarial items, any Communal Maintenance and Insurances.
