Property Management

If you require a company set up to acquire and manage a mutually owned property or development, our Property Management Company, which can either be Limited by Shares or by Guarantee, can provide the ideal solution.

The key provisions of our standard property management company are as follows:-

  • Developer retains voting control of the company until the last flat/unit is sold
  • Shares only allotted to residents/occupiers (except in respect of subscriber shares or their nominees e.g. the developer solicitors)
  • Only one share per flat/unit
  • Transfers may only be made to subsequent residents/occupiers
  • If a shareholder refuses to transfer a share on selling his property the Board can nominate a person as his attorney to execute the transfer
  • Directors need not retire by rotation and must be a member

If required, we can alter any of the above provisions, or draft specific articles of association to meet your exact requirements. In such a case an additional charge may be payable, dependent on your requirements. Contact us now to discuss your requirements.

You have two options available to order your new company. Either order online now, or download the forms to be submited by post or DX. Your new company will usually be formed within 24 hours from receipt of your order.

FREE COMPANY NAME AVAILABILITY CHECKER

 

Completely automated company formations from Bourse for private limited companies, PLC's and guarantee companies. Using our unique
online service, incorporation is guaranteed by Companies House within 24 hours, but usually within 3-4 hours!

“We have used Bourse for all our environmental/plan/water and drainage/Company and plan searches, and some Local Searches for many years and have always been very pleased with their prompt and efficient service and with the quality of the documentation they produce for our clients. We have always found Bourse find a means to help resolve any issue re: timescales or additional information in our cases very promptly”

Solicitors - Swindon