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Can a corporation, partnership or LLC own a one-eighth Residential Interest?

April 26, 2017corporation LLC one-eighth partnership Residential

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Can a corporation, partnership or LLC own a one-eighth Residential Interest?

1 Answer

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Yes. A corporation, partnership, or LLC can own an interest in a Villa. The legal entity of the interest annually identifies one person to be the Principal Owner with all the rights and privileges of Ownership.