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What does “fractional ownership” mean?

fractional ownership mean
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What does “fractional ownership” mean?

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Fractional ownership means owning a percentage undivided interest in real estate, not the whole. The Cottages are sold in three-week fractional interests, providing for three weeks of use per year. The unit you select at the time of purchase is the same unit you always come back to. You would have one primary (fixed) week per year in the high season, and the other two weeks (mid season and winter season) would be scheduled annually with owners having priority choices for their weeks on a rotating basis.

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