HOW ARE FRACTIONAL OWNERSHIP USAGE RIGHTS DIVIDED ?
Regardless of whether one is a fractional developer of a multi-unit fractional property, Realtor or seller for a single home to be offered factionally, or organizing a group of family or friends for a shared property purchase, deciding how the shared property will be used is usually the first step in structuring the fractional ownership arrangement. Usage structure will dictate most other elements of the fractional ownership arrangements, and become the most important and valuable benefit of ownership for the fractional owners. In analyzing the various fractional ownership usage options, it is important balance predictability against flexibility, and also to remember that co-owners will exchange usage rights among themselves regardless of which system is adopted. The choice of fractional ownership usage allocation structure should be driven by the property location and size, its seasonality, the likely length of visits, and the manner in which people are likely to travel to the shared
