Owner Entity — Individual or Company Portfolio Holder

Overview

The Owner Entity feature allows you to define whether a portfolio holder is an Individual (a private person) or a Company (a registered legal entity). This distinction is captured at the owner record level and flows through compliance, financial, and reporting workflows.

Owner Types

Type	Description
Individual	A private person who owns one or more residential blocks or units.
Company	A registered company or corporate body acting as the portfolio holder.

Use Cases

• Individual owners — Sole traders, private landlords, or named persons with direct ownership of a block or portfolio.
• Company owners — Limited companies, LLPs, or other corporate entities holding residential blocks for investment or management purposes.

Key Benefits

• Compliance accuracy — Service charge demands, Section 20 notices, and other statutory communications can be correctly addressed to the right legal entity type.
• Financial record-keeping — Invoices and financial statements reflect the correct owner classification.
• Portfolio scalability — Supports everything from a single private landlord to a large corporate portfolio under one platform.

Notes

• The owner entity type should be set when first creating an owner record and reviewed whenever ownership transfers occur.
• Changing the entity type on an existing owner record may affect downstream documents and reports — review any outstanding compliance tasks after making changes.