How can the developer maintain control of the managing entity or association even after the developer has sold a majority of the timeshare interests?
The association or managing entity is the collective owner membership in the project. For various reasons, timeshare owners often fail to participate in the management of the resort. It is for this reason that it is possible for a developer to have sold a majority of the timeshare interests and still have control of a sufficient enough number of timeshare interests to control the association’s board of administration, which is an elected body.
