What happens if one of the owners damages the property?

The properties are inspected after each visit. Any damage beyond normal wear and tear is charged to the owner who was using the house at the time. Damage caused by normal wear and tear = broken dishwasher, washing machine, burst light bulb etc. Damage over and above = broken window, tiles, etc. Owners are not directly responsible for the failure of items and things that have a limited life and need repair or replacement over time. These replacements are paid for from the reserve fund of the company owning the property.