Is ownership at Innsbruck Aspen Residences an interest in real estate?
Yes. Each Owner will own an undivided, deeded, fee simple interest in real estate. Ownership is evidenced by a real estate deed, recorded in the county records and insured by a title insurance policy. The deeded 1/12 undivided interest can be financed, willed, placed in a trust or owned by a separate legal entity, such as a corporation.
