There are 1 428 weeks to manage.
There are at least five scheduled Board meeting per year. The various areas of responsibilities are divided between the elected and alternate Board members. Every year the AGM elects an auditor and deputy auditor for a 4-year term to perform the yearly audit work. Click on this link for contact information.
Each year the Board communicates and informs the shareholders of ongoing management and important matters, via the Chairman´s letter, thrice yearly, the annual report, at the AGM and via website.
Accounting services and subletting/rental services on behalf of the shareholders are provided by third parties and insourced by FAM. Some of these services are listed below:
As a service to shareholders who wish to sublet their weeks, the Board has handled the leasing activities at the service office in Spain, NAM, which leases rental, Services include: communications with owners and prospective renters, contract administration, keeping the list of available weeks on the website current, managing the payment process and answering questions via phone or e-mail. All rentals must be made in order to comply with Spanish law via the NAM office, no other rental may occur.