Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How is the tourist apartment revenue distributed?

0
Posted

How is the tourist apartment revenue distributed?

0

The total revenue generated by the tourist apartments is distributed in the account belonging to the Tourism System, deduced of every operational costs, costs and payments to the management company, condominium and reserve fund, as foreseen in the Tourism Transaction Contract, identified as Tourism Net Income, which is subsequently periodically distributed to every owner, and calculated according to the formula determined in the contract.

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123