Cooperation models             
Choose the most attractive management model for you.

Basic management model

  • Co-owners enter into an agreement with the Manager (Ltd “Selectum Home”)
  • Invoices are issued in the name of the Manager
  • The manager enters into agreements with utility service providers and collects payments from owners, incl. savings fund 
  • Contributions to the savings fund The manager may keep it with him, but at the discretion of the owners the manager may regularly transfer the savings fund to a person chosen by the owner, eg the Association

"Association" management model No.1

  • The Association of Apartment Owners is founded
  • All cash flow takes place through the Association
  • The association enters into agreements with utility service providers, incl. with the Manager (Ltd “Selectum Home”), for management services, and collects payments from the owners, incl. savings fund contributions
  • Invoices are issued in the name of the Association
  • All funds are stored in the Association's account

"Association" management model No.2

  • The Association of Apartment Owners is founded.
  • The Association enters into an agreement with the Manager (Ltd “Selectum Home”)
  • The manager enters into agreements with utility service providers and collects payments from owners, incl. savings fund contributions
  • Invoices are issued in the name of the Manager
  • The Savings Fund Manager may keep it with him, but at the decision of the owners the Manager may regularly transfer the savings fund holder to a person chosen by him, e.g. To the Association