| What is Fractional Ownership? | ||||
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Broadly defined, fractional ownership is a division of an asset into an interest, portion or share. Note that these assets are typically held by deed, title, or entity. However, deeds and titles may be recorded with restrictions thus incurring limitations. Restrictions are considered as rules for which all owners must adhere. Deeds and titles are not the only entities with restrictions. Limited liability companies (LLC) might also have restrictions in the form of an operating agreement. Fractionals vary by asset and also within asset classes. Principal fractional ownership property assets include real estate, aviation, and marine. Click here to read more Why Fractional Ownership?Although most people understand the responsibility that is included with larger purchases such as a secondary residence, boat-yacht, or aircraft, there are some people who find they would not use the asset on a full time basis. For those people who are looking to find value in simplifying certain aspects of their lives, Fractional Ownership will provide use of an asset while reducing the responsibility of management and cost of ownership. Benefits of Fractional Ownership include ease of convenience, hassle free ownership, and cost savings. Types of Fractional OwnershipThe three most popular types of Fractional Ownership are real estate, aviation, and boat-yachts. Fractional Real Estate is further classified as Private Residence Clubs, Destination Clubs, and Individual Fractional Ownership Properties. |






























