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The property owner in this case signs a property management agreement with the company, giving the latter the right to let it out to new tenants and collect rent. The owners don't usually even know who the tenants are. The property management company usually keeps 10-15% of the rent amount and shares the rest with the property owner.
A homeowner association (or homeowners' association [HOA], sometimes referred to as a property owners' association [POA], common interest development [CID], or homeowner community) is a private, legally-incorporated organization that governs a housing community, collects dues, and sets rules for its residents.
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Concord Management and Consulting (Russian: Конкорд Менеджмент и Консалтинг) is a member of the Concord company group, which was half owned by Yevgeny Prigozhin. [ 1 ] [ 2 ] Based in St. Petersburg , Russia , it owns and operates several restaurants and is also the parent company of Concord Catering .
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