Property Management Question

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    Property Management Question

    We have 2 directors, 1 is a resident and is 1 a non-resident, is this permitted? As the non-resident has no vested interest.
    Cheers

    #2
    Unclear on the question, is this to form a company?

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      #3
      Originally posted by GeeMan16966 View Post
      We have 2 directors, 1 is a resident and is 1 a non-resident, is this permitted? As the non-resident has no vested interest.
      Cheers
      Generally Yes ,but you need to check your particular company articles to see any specific director requirements.

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        #4
        Sounds ok, i gather the company is Ltd ? If so then i am unsure why either director would need to be a resident, the business of the company is to manage the work needed to be done to the properties, being a good director is more important than owning one of the flats/properties etc.

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          #5
          Thanks for the clarification.

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