What, if any, advantages are there to fractional (quarter share) ownership versus whole ownership?
Fractional ownership offers many advantages and benefits to the owner. All expenses normally associated with ownership such as: insurance, real estate taxes, association dues, telephone, utilities, cable TV, maintenance, and replacement costs are split. In the case of Surfside quarter share ownership, each owner is only responsible for 25% of the total cost. Additionally, when it comes to replacing furnishings (usually in seven to 10 years), there is a generous reserve collected within the budget of which only 25% will have been contributed by each fractional owner for replacements.
