Fractional Ownership Questions & Answers

Can I buy a share with someone?
Yes. You can buy a share with a family member or a friend. You both would be on the title.

Can I rent out my weeks?
Yes. Some properties allow the benefits of leasing the property taking the tax benefits of rental properties.

What if I cannot make my time I am allocated to?
You may let a friend or family stay in your week or lease the property depending upon the structure, but the shareholder of that week is responsible for any damage that may occur. You may also contact the other shareholders to see if you can trade weeks.

How much time do I get to use the property?
This varies. We divide most of our properties into 1/6. This allows each homeowner 8 weeks a year. There are two weeks each year for maintenance which leaves two unused weeks that are on a rotating schedule. This means every third year you would get an extra week…making nine weeks total for that year.

Can I finance my share?
Yes. We have banks that will offer financing. Expect to put 25% of the cost as a down payment.

Is smoking allowed?
No. For the consideration of others, all homes are considered to be non-smoking homes.