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How will the building be managed, who makes the decisions about the building? |
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Generally the city government assigns an administrator and management team to that particular section of the city. Recently however, some of the developers have applied to take over the management of their buildings. In the case of the Regency, Mongolian Properties plans to apply for the management. The tenants and owners will also form a resident’s committee which will meet regularly with the management company representatives but the final decisions will remain with the management company.
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