Monday, June 18, 2007

The 5 W's of Fractional Ownership

WHAT?

Fractional ownership is a percentage of ownership in real property. This can range from a 1/2 share to a 1/17 share. Every state has different rules and regulations on the minimum size of the fraction.The size of the fraction a person owns corresponds to the amoount of time he/she is entitled to use the property. For example, if a 1/2 share is purchased, the buyer is entitled to use the property 26 weeks a year. If a 1/17 share is purchased, the buyer is entitled to use the property 3 weeks a year. If you would be interested in learning about properties currently being offered for fractional sales or if you have a property you would like to sell in fractions, please call TRINITY PROPERTIES, LLC. 808-247-7521. Come back to learn about the next 4 W's of fractional ownership.
Until then...
Our Warm ALoha

No comments: