A share from Château d'Arc-en-Barrois, (hereafter CAB), is similar in concept to a condominium with similar rights and obligations.
There are 50 shares, one share assigned to each room/apartment. As a shareholder, you own 1/50th, or 2 percent, of the CAB on equal terms with the 49 other owners. Your use of an apartment is not limited to a specific number of weeks; you can arrive without warning 24 hours a day, 365 days a year and enjoy the apartment for as long as you want. If one day you no longer wish to be an owner, you are free to sell your home at the price you deem appropriate.
When purchasing, you will receive two keys: one key to the chateau and one key for your private residence. You will also receive an e-mail address which will add you to the chateau internal communications network.
From here forward the choice is yours: you can choose to rent out, or visit as often as you like. You will also enjoy the many opportunities for new friendships with your fellow owners.
Every 23rd August, on Princess Adelaide's birthday, we hold a masked ball for chateau owners and make full use of the two banqueting halls originally intended for royal celebrations. We liberally provide the chateau’s own champagne from the special reserve in the champagne cellar.
We have focused on minimal administration, with emphasis on low operating costs and a high level of service; though difficult, this is not impossible! We have assumed that the desire for low cost is a higher priority than a manned reception. All owners have their own keys to the castle and do not need a butler to welcome them on arrival.
CAB does however provide services for the grounds for the benefit of the entire community. As an owner of a share of CAB, you will benefit from a property gardener and manager of housing. These service providers are compensated with free housing on the property in exchange for a well-defined set of CAB responsibilities. You may directly contract for these CAB services with the service providers at reasonable rates – for cleaning your apartment, for example.
The community cannot function without an administrator. We use a Danish administrator (CAB Denmark) to pay the chateau bills, such as electricity and water and any required local labor. This administrative service is part of the annual operating budget which is paid from the association fees. CAB Denmark does not have any preference relating to providing this role, but promises to manage the administration as long as the majority wishes, as determined by vote at the annual general meeting. Each year the owners will have the opportunity to renew the CAB Denmark administrative role, or to choose another such service provider.
CAB Denmark may assist a shareholder in renting the apartment. For a fixed fee, CAB Denmark will advertise the unit for hire including, listing in the CAB website as a unit for rent. A shareholder can also make an appointment with one of the chateau caretakers, for check-in and check-out of friends and/or renters. Such a service is charged separately directly to the shareholder.
The Articles of Partnership emphasize "freedom with responsibility," with the relatively few limitations based on community interests. These regulations deal specifically with the chateau’s community facilities and are more specifically presented in the CAB house rules.
The chateau has two historical and protected Banquet Halls which can serve as a restaurant or a dining hall. We have made arrangements with local cooks for catering services. A shareholder can arrange such service directly in advance via email, for example, with appropriate dates and the number of diners, as well as preferred dishes, if any. Again it is important to emphasize that the community is not burdened by this service, but such service is the responsibility of each individual shareholder and will be settled directly with the provider.