The parties are currently parties to the property management contract (the “Management Contract”) (or become parties at the same time). (the “Manager”) is the sole manager of the property acting on behalf of the parties for the management, operation, maintenance and leasing of the property for the duration of the Management Agreement. Ownership is possibility. Whether you`re buying to build or keep your land intact if you share it with others, make a deal. A condominium agreement describes each party`s rights to use the country, what taxes and subsistence they are responsible for and much more. This is a brief agreement that allows two or more owners to simply manage the common ownership, use and cost of light aircraft, gliding or helicopters.