Resident share ownership
has many advantages. Here are some you may wish to consider and give
you some thoughts as you look at communities and developments-
- The
community is owned and managed by the shareholder-residents not a developer
who is mainly interested in the development phase and maximizing his profit.
- Shareholders
own and direct the common assets as a for-profit Florida corporation.
- Directors
are elected annually at the Annual Meeting.
- Shares
in the common assets or managing corporation will increase in value just
as your home appreciates.
- Maintaining
our property values and a great life style are our primary goals.
- Our
objective is to give the best services we collectively think we need at
the most reasonable price, maintenance fees are $178 per month for 2008,
up from $173 per month in 2007.
- All
volunteer labor and community involvement is for the residents, not a profit
oriented developer.
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