This ownership is true ownership in every sense of the word - you may leave it in your will to someone else, you may sell it, you may rent out your time, or swap with other members of the same group for other properties in different areas. It is incredibly flexible. Each owner gets 5 weeks per year of use. One week never changes - a set week each summer that you can count on for your holidays. You then get one week for each season - Fall, Winter, Spring, and an additional "floating" week. Each of the 10 owners rotate in who choses first their weeks of choice. Buy two shares in the same cottage and have 10 weeks per year!
The best part of fractional ownership is that many Sellers today tell me they aren't using their cottage as much as they would like to. They feel that for the investment, they should be using the cottage more, but they have busy lives ....kids in sports, or with summer jobs, other obligations. Fractional ownership takes that guilt away. You don't have to come every weekend, and then cut the grass, tend to the gardens, and do repairs. All maintenance is looked after in a fractional ownership situation. There is an annual maintenance fee, but there is no cleaning, no road/driveway maintenance and clearing, no property taxes. Arrive, enjoy, leave! Fun at the lake without all the obligations : )
