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How is ownership evidenced?

April 26, 2017evidenced ownership

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How is ownership evidenced?

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• At Buena Vista Properties your Ownership is a share that grants interest in the Real Estate and as defined in the individual corporation documents established for the property you have purchased and is perpetual in nature. As an example each owner receives their respective shares (1 share per owner for total of 13 shares within residence on our 1/13th Fractional Program) which is provided through a corporation to assure all purchasers comply with designated requirements of ownership (similar to properties purchased as co-operative ownership such as in New York) in the residence they have purchased. • Fractional Ownership removes all entanglements as each owner has their separate share(s) and usage, maintenance and rules governing the program which are pre-determined, making it worry free, hassle free and with no surprises.