How Carving Pointe Works

Two separate entities. Distinct roles. Designed for transparency and effective property management.

The Two-Entity Structure

Carving Pointe operates with a clear legal and operational separation between property ownership and property management.

The Property-Holding LLCs

Example: Carving Pointe LLC

  • Each property is owned by its own dedicated LLC.
  • The LLC holds the deed to the home.
  • Membership interests in the LLC are offered to qualified buyers via a Joinder Agreement under the LLC's Operating Agreement.
  • Members hold a deeded interest in the property through their LLC membership.
  • Share purchases are transactions between the buyer and the LLC directly.

Carving Pointe Collections

The property management company

  • A separate legal entity from the property-holding LLCs.
  • Contracted by each LLC under a Property Management Services Agreement.
  • Does not own homes, hold deeds, or sell membership interests.
  • Provides booking, maintenance, cleaning, accounting, and operating cost administration on behalf of the LLCs.
  • Collects recurring operating cost reimbursements from LLC members on behalf of each LLC.

The Member Journey

1
Join the LLC

A prospective buyer is introduced to the property and the LLC offering co-ownership. After due diligence, the buyer executes a Joinder Agreement and acquires a membership interest in the LLC. The purchase transaction is between the buyer and the LLC.

2
Enjoy the Property

Members receive booking access via the BookIQ™ system. Stays are booked according to share-based allotments and the LLC's Operating Agreement. Carving Pointe Collections handles all maintenance, cleaning, and turnover.

3
Operating Costs

Each member's share of operating costs — property taxes, HOA dues, insurance, utilities, accounting, and a management fee — is collected by Carving Pointe Collections on behalf of the LLC on a recurring basis. These are pass-through operational expenses, not share purchases.

What Carving Pointe Collections Does

What we do
  • Provide booking and scheduling via the BookIQ™ system
  • Coordinate cleaning, maintenance, and repairs
  • Manage day-to-day property operations
  • Collect recurring operating cost reimbursements from LLC members on behalf of each LLC
  • Provide member-facing services such as the owner dashboard and stay coordination
  • Provide accounting and administrative support to the LLCs we manage
What we don't do
  • We do not own the homes in our collection
  • We do not sell membership interests; share purchases occur between buyers and the LLCs directly
  • We are not a timeshare or vacation club
  • We do not hold deeds to any property
  • We are not a real estate brokerage; we are a contracted property management company

Documentation Available on Request

Prospective members, business partners, and authorized reviewers can request the following documents that establish the structural relationship between Carving Pointe Collections and the property-holding LLCs:

  • Operating Agreement of any property-holding LLC (e.g., Carving Pointe LLC)
  • Property Management Services Agreement between Carving Pointe Collections and the relevant LLC
  • Sample Joinder Agreement showing the share purchase process between a buyer and the LLC
  • Confirmation that recurring operating costs flow through Carving Pointe Collections as the contracted management company

Contact [email protected] for documentation requests.

How Carving Pointe Works — Frequently Asked Questions

Separating ownership from management is a standard practice in fractional real estate. It provides clear legal protection for members through LLC structure, gives the LLC operational stability through professional management, and establishes clear accountability — the LLC owns the property; the management company handles operations. Members hold a deeded interest in the LLC, not a contractual relationship with the management company.

The share purchase is a transaction between you and the property-holding LLC. You execute a Joinder Agreement that binds you to the LLC's Operating Agreement and acquires your membership interest. Carving Pointe Collections is not a party to the share purchase transaction.

Recurring operating costs — property taxes, HOA dues, insurance, utilities, accounting, and a management fee — are collected by Carving Pointe Collections on behalf of the LLC. These collections are routine property management operations, not share purchases. The funds are used to cover the LLC's operating expenses.

Share transfers occur subject to the LLC's Operating Agreement, which typically includes a right of first refusal for existing co-owners. Carving Pointe Collections can coordinate the resale process and connect you with qualified buyers, but the share transfer itself is a transaction between you and the new buyer, governed by the LLC's Operating Agreement.

Yes. The management fee compensates Carving Pointe Collections for its property management services. Operating costs (taxes, utilities, insurance, etc.) are pass-through expenses paid by LLC members to cover the LLC's actual costs. Both are collected together for convenience but are separately accounted for and disclosed to members.

Ready to learn more about a specific property?

Explore Properties Read About Co-Ownership
Carving Pointe Collections

A property management company providing booking coordination, maintenance, and operating cost administration for property-owning LLCs.

Properties are owned by separate property-holding LLCs. Carving Pointe Collections is contracted by each LLC to provide management services. Learn how it works.

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