Get your questions answered in our help center
Who is responsible for managing properties?
Onboarded developers will have a property management system and team connected to their properties before being qualified. This team handles the day-to-day maintenance activities of the property such as basic repairs and services.
In addition, the DAO that manages the property will have the power to vote on proposals to improve the property and increase its performance and value. As a FREM holder of a property, you will actively participate in the DAO’s management activities.
The DAO will be able to direct the day-to-day property management system’s activities when proposals are voted on and passed in the DAO. This relationship is based on a service agreement between the two parties.