PROPERTY OWNERS ASSOCIATION | Costa Verde Costa Rica

PROPERTY OWNERS ASSOCIATION

Structural Overview of the Association

The association is the legal entity that ensures the functionality of our community.
In the absence of a government body to oversee our infrastructure, it is the POA that shoulders the responsibility of managing and maintaining common assets, employing staff, safeguarding the gate, roadways, water infrastructure, and more.
Ultimately, the POA serves as the bedrock upon which our community thrives, securing property values and providing members with a voice in community matters.
The Association is structured around three key entities to ensure effective governance and operational excellence:
a) General Members Assembly: This foundational body consists of all Association members, serving as the cornerstone of community involvement and decision-making.
b) Board of Directors: Comprising five members, this board is tasked with implementing the decisions made by the General Members Assembly and overseeing the daily operations of the Association, ensuring that our community's vision and objectives are realized.
c) Fiscal: Led by a designated Fiscal or Comptroller, this position plays a critical role in monitoring the Association's operations, ensuring transparency, accountability, and integrity in all our endeavors.

Your participation as a member is of paramount importance, as it plays a pivotal role in maintaining the operational viability of the POA.

Membership in the POA is voluntary and is not automatic with property ownership. We strongly urge property owners to consider joining the POA, contributing to the strength and continuity of our community.

  • Decision-Making Influence: Participate in and vote at Annual General Meetings (AGMs) and Extraordinary General Meetings (EGMs). Voting rights contingent on the timely payment of annual property fees.
  • Asset Rights: Gain rights over CVE POA assets, including:
    • Conservation Areas: Approximately 400 acres.
    • Common Areas and Facilities: 70 acres, including:
      • Tennis court
      • Fitness center
      • Vista Park
      • Guard house
      • Maintenance lot
  • Enhanced Living Experience: Access to well-maintained common areas and facilities, contributing to a high-quality living environment within Costa Verde Estates.

There are 6 board members and generally they are elected to serve a 2- year term. Elections for the board take place at the Annual General Meeting of the Property Owners’ Association.

Our collective well-being is contingent on the shared responsibility of each property owner.

SECURITY & ACCESS TO COSTA VERDE ESTATES