PROPERTY OWNERS ASSOCIATION | Costa Verde Costa Rica
PROPERTY OWNERS ASSOCIATION
Structural Overview of the Association
The CVE Property Owners Association is organized under Costa Rican association law.
The POA focuses on community governance and stewardship of common assets, while the day‑to‑day administration is supported by a professional property management team. This partnership helps maintain service quality, responsiveness, and financial discipline.
The Association is structured around two key entities:
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: Six individuals comprise our Board of Directors, serving two-year terms and elected at the Annual General Meeting. Among these:
Five voting members, who guide the Association’s operational direction.
One Fiscal (or Comptroller), responsible for financial oversight and ensuring transparency and accountability—but does not possess voting rights..
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.
- 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.