What is fractional ownership and how does it work?

Here are the ‘nuts and bolts’ about our offering. Fractional ownership is similar to any other real estate purchase except that you are only purchasing a fraction of a specific condo suite instead of the entire condominium.

Under this concept, you receive a deed to your fractional share of a specific resort suite, which is in turn insured by a title insurance company. Ownership of this fractional interest gives you the right to use the resort suite for a predetermined number of designated weeks throughout the year. For example, if you purchase a tenth share, you will have the exclusive right to five weeks of usage throughout the year. A one-fifth fractional share will net you ten weeks of usage.

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