Who initially serves as the manager?
By contract HomeShares Property Management LLC, a separate but related entity to Mountain HomeShares, is the initial manager and will continue to serve in that capacity for a minimum of one year past the sale of the last fractional interest. At that point the owners may vote to make a change in management for any reason. This minimum period ensures that all owners are transitioned properly into their new fractional home and make their first program year selections satisfactorily.