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What is a Private Residence Club (PRC)?

April 26, 2017club PRC private Residence

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What is a Private Residence Club (PRC)?

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A. PRC is a Fractional Vacation Ownership Real Estate development owned by members and operated for their enjoyment. Each member owns a fraction, of a villa as well as an interest in the club facilities and common areas. In short, the owners purchase only as much time as they require for their vacation needs and are spared the challenges and pitfalls of trying to rent or maintain their property during the time that it is not used.